Carindale Property Trust : CDP – Fund Payment Notice

23 August 2016

Set out below are the components of the distribution for the six months ended 30 June 2016. The distribution rate is 19.61 cents per unit and will be paid to members on 31 August 2016.

These components are provided solely for the purposes of Subdivision 12‐H of the Taxation Administration Act 1953 (Cth), and should not be used for any other purpose.

Carindale Property Trust declares that it is a managed investment trust for the purposes of Subdivision 12‐H of Schedule 1 of the Taxation Administration Act 1953 (Cth) in respect of the income year ended 30 June 2016.

For the purposes of section 12‐395 of Schedule 1 of the Taxation Administration Act 1953 (Cth), this distribution includes a "fund payment" amount of 9.670374 cents per unit in respect of the income year ended 30 June 2016.

This distribution does not include any amount of discount capital gain. This distribution does not include any amounts attributable to a fund payment from a clean building managed investment trust.

Australian resident members should not rely on this notice for the purposes of completing their income tax returns. Details of the full year components of distributions will be provided in the annual tax statement which will be sent to members in September 2016.

Contacts:

Maureen McGrath Julia Clarke

+61 2 9358 7439 +61 2 9358 7426

SCENTRE MANAGEMENT LIMITED ABN 41 001 670 579 AFS Licence No: 230329 as responsible entity of Carindale Property Trust ABN 29 192 934 520 ARSN 093 261 744