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Strike Price for DRP

Tuesday, 13 March 2012

Goodman (NZ) Limited, the Manager of Goodman Property Trust, is pleased to advise Unitholders  that  the  strike  price  for  the  Distribution  Reinvestment  Plan  (“DRP”), inclusive of the 2% discount being offered and rounded down to two decimal places, is 100.35 cents per unit.

This pricing is effective for the distribution payable on 22 March 2012.

The DRP is being fully underwritten by Craigs Investment Partners Limited, providing additional equity to fund new investment and development opportunities.

The strike price for the shortfall units, under the terms of the underwrite and inclusive of the 1.5% discount, is 100.86 cents per unit, rounded down to two decimal places.