Letter to Name 22 July 2015

133 Castlereagh Street

Sydney NSW 2000

T 02 9035 2000

F 02 8988 2552

www.stockland.com

For media enquiries

Greg Spears Senior Manager Media Relations Stockland

T +61 (0)2 9035 3263

M +61 (0)406 315 014

Michelle Taylor General Manager Stakeholder Relations Stockland

T +61 (0)2 9035 2786

M +61 (0)400 356 692

For investor enquiries

Antoinette Plater Senior Manager Investor Relations Stockland

T +61 (0)2 9035 3148

M +61 (0)429 621 742

STOCKLAND ANNOUNCES DISTRIBUTION REINVESTMENT PLAN PRICING

As previously announced on 22 June 2015, Stockland will operate its Distribution Reinvestment Plan (DRP) for eligible securityholders who selected the DRP as their preferred distribution payment method for the full year to 30 June 2015.
In accordance with the terms of the DRP, we advise that the issue price for each stapled security is $4.15, based on the average for the 15 daily volume weighted average prices of SGP stapled securities for the 15 trading days from 1 July 2015 to 21 July 2015, inclusive, with a discount of 1.0 per cent on the securities acquired under the DRP.
As announced on 22 June 2015, the deadline for securityholders to indicate DRP
participation, or change an existing nomination, was 5pm (AEST) on Tuesday 7
July 2015.
The new securities will be issued to eligible securityholders on 31 August 2015.

ENDS

Stockland

Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia's largest diversified property group - owning, developing and managing a large portfolio of shopping centres, residential communities, logistic centres, business parks, office assets and retirement living villages. St ockland is rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the W orkplace Gender Equality Agency.

Stockland Corporation Ltd ACN 000 181 733 Stockland Trust Management Ltd ACN 001 900 741 1

AFSL 241190 as Responsible Entity for Stockland Trust ARSN 092 897 348

distributed by