ASX ANNOUNCEMENT Announcement No. 10/14 The Manager Corporate Announcements Office Australian Securities Exchange 25 February 2014 ALE Notes 2 Interest Rate Determined

ALE Property Group has determined the Interest Rate and expected interest payable for ALE Notes 2 (ASX code: LEPHC) for the Interest period commencing on
20 February 2014 and ending on 20 May 2014.
The ALE Notes 2 interest payment dates are on business days on or following 20
August, 20 November, 20 February and 20 May each year until maturity or redemption.
The Interest Rate and expected interest payable are as follows:

Interest Period Starting Date

20 February 2014

Interest Period Ending Date

20 May 2014

Interest Payment Date

20 May 2014

Interest Rate

6.6250%

Expected Interest Payable Per ALE Notes 2

$1.6154

The Interest Rate for the Interest Period ending on, but not including, 20 May 2014 will be 6.6250% per annum.
The Interest Rate applicable to ALE Notes 2 for the payment period was determined as follows:

BBSW Market Rate on 20 February 2014

2.6250%

Margin

4.0000%

Interest Rate

6.6250%

Australian Leisure and Entertainment Property Management Limited ABN 45 105 275 278 1

Australian Leisure and Entertainment Property Trust ARSN 106 063 049

The expected interest payable per ALE Note 2 for the Interest Period ending on
20 May 2014 was determined as follows:

The face value of the ALE Notes 2

$100.00

Multiplied by:

Interest Rate (per annum)

x 6.6250%

The number of days from and including the preceding Interest Payment Date (20 February

2014) to, but excluding, the next Interest

Payment Date (20 May 2014)

x 89

Divided by 365

÷ 365

Expected Interest Payable Per ALE Notes 2

$1.6154

The ex-interest date for the payment will be 6 May 2014.
The record date for the payment will be 7.00 pm (Sydney time) 12 May 2014.
More information about ALE Notes 2 can be found at ALE Property Group's website, www.alegroup.com.au.
- Ends -
Contact:
Andrew Wilkinson
Managing Director

ALE Property Group

02 8231 8588
Website: www.alegroup.com.au

Australian Leisure and Entertainment Property Management Limited ABN 45 105 275 278 2

Australian Leisure and Entertainment Property Trust ARSN 106 063 049

distributed by