STOCKLAND — Major Shareholding Notification 2014

Jan 30, 2014

Form 604 Corporations Act 2001Section 671B

Notice of change of interests of substantial holder

To Company Name/SchemeACN/ARSN	Stockland Corporation Limited000 181 733
1. Details of substantial holder (1)
NameACN/ARSN (if applicable)	The Vanguard Group, Inc.N/A
There was a change in the interests of thesubstantial holder on	28 January 2014
The previous notice was given to the company on	23 September 2011
The previous notice was dated	23 September 2011

1. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person'svotes	Voting power (5)
Ordinary (VanguardInvestments Australia Ltd)	152,578,090	6.40%	110,656.288	4.80%
Ordinary (The VanguardGroup Inc.)	17.358.669	0.73%	29,144,888	1.26%
Total	169,936,759	7.13%	139,801,176	6.06%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven in relationto change $(7)$	Class andnumber ofsecuritiesaffected	Person's votesaffected
19/09/2011-28/01/2014	Vanguard InvestmentsAustralia Ltd	Purchase and Sale ofShares	2.73-4.07 AUD	Ordinary -(41, 921, 802)	(41, 921, 802)
19/09/2011-28/01/2014	The Vanguard Group,Inc.	Purchase and Sale ofShares	2.77-4.10 AUD	Ordinary $-$11,786,219	11,786.219

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Reaisteredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes
VanguardInvestmentsAustralia Ltd	JPMorgan Chase Bank.N.A. and various othercustodians	JPMorgan ChaseBank, N.A. andvarious othercustodians	Beneficial Owner	Ordinary-110,656,288	110,656,288
TheVanquardGroup, Inc.	JPMorgan Chase Bank,N.A.and various othercustodians	JPMorgan ChaseBank, N.A.andvarious othercustodians	Beneficial Owner	Ordinary -29,144,888	29,144,888

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder inrelation to voting interests in the company or scheme are as fo

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Vanguard Investments Australia Ltd	Level 18
	85 Castlereagh St
	Sydney NSW 2000Australia
The Vanguard Group, Inc.	455 Devon Park DriveWayne, PA 19087USAAttn: Nick GouldCompliance ManagerVanguard_Fund_Compliance@Vanguard.com

Signature

print name	Glenn Booraem	capacity	Controller
sign here	SectionNAMES AND DESCRIPTIONS OF PERSONS ASSESSED.CONTRACTOR∽	date	30 January 2014