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Unitholder Covering Letter

Thursday, 21 March 2013

Goodman (NZ) Limited, as manager of GMT, is pleased to advise Unitholders that the third quarter distribution, for the period ended 31 December 2012, has now been paid.

The distribution comprises 1.5625 cents per unit in cash and has an additional 0.1892 cents per unit of imputation credits attached. The Distribution Reinvestment Plan has been reinstated, following its suspension in September 2012 and participating Unitholders have been issued new units in lieu of a cash payment.

Enclosed with your statement is the latest Portfolio Update brochure detailing the recent leasing and development activity of the Trust. It has been an active period and I encourage you to read more about the pleasing progress that has been achieved.

Yours faithfully,

Keith Smith
Chairman