Appendix 3C Announcement of buy-back (except minimum holding buy-back)

Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/9/99. Origin: Appendix 7B. Amended 13/3/2000, 30/9/2001, 11/01/10

Rule 3.8A

Name of entity

ABN/ARSN

Vicinity Limited Vicinity Centres Trust (together, Vicinity)

ABN 90 114 757 783

ARSN 104 931 928

We (the entity) give ASX the following information.

Information about buy-back

1

Type of buy-back

On-market

2

+Class of shares/units which is the subject of the buy-back (eg, ordinary/preference)

Ordinary stapled securities, each comprising one ordinary share in Vicinity Limited and one unit in Vicinity Centres Trust (Stapled Securities)

3

Voting rights (eg, one for one)

One for one

4

Fully paid/partly paid (and if partly paid, details of how much has been paid and how much is outstanding)

Fully paid

5

Number of shares/units in the

+class on issue

3,958,650,636 Stapled Securities

6

Whether shareholder/unitholder approval is required for buy-back

Not required

7

Reason for buy-back

Capital management

8

Any other information material to a shareholder's/unitholder's decision whether to accept the offer (eg, details of any proposed takeover bid)

Pursuant to ASIC Corporations (ASX-listed Schemes On-market Buy-backs) Instrument 2016/1159, the following information is provided:

  1. Vicinity Centres RE Ltd (VCRE), the responsible entity of Vicinity Centres Trust, does not hold any interests in Stapled Securities;

  2. associates of VCRE hold:

    1. 16,546,969 Stapled Securities; and

    2. 986,052 performance rights which, if vested, will entitle the holder to be issued Stapled Securities; and

    3. any Stapled Securities bought back will be funded by existing debt facilities

    On-market buy-back

    9

    Name of broker who will act on the company's behalf

    Macquarie Securities (Australia) Limited

    10

    Deleted 30/9/2001.

    11

    If the company/trust intends to buy back a maximum number of shares - that number

    Note: This requires a figure to be included, not a percentage.

    Up to 197,932,531 Stapled Securities (being 5% of Stapled Securities on issue)

    12

    If the company/trust intends to buy back shares/units within a period of time - that period of time; if the company/trust intends that the buy-back be of unlimited duration - that intention

    17 August 2017 to 24 July 2018 (inclusive), that is Vicinity intends to complete the on-market buy- back within 12 months of the date of this notice

    13

    If the company/trust intends to buy back shares/units if conditions are met - those conditions

    Not applicable

    Employee share scheme buy-back

    14

    Number of shares proposed to be bought back

    Not applicable

    15

    Price to be offered for shares

    Not applicable

    Selective buy-back

    16

    Name of person or description of class of person whose shares are proposed to be bought back

    Not applicable

    17

    Number of shares proposed to be bought back

    Not applicable

    18

    Price to be offered for shares

    Not applicable

    Equal access scheme

    19

    Percentage of shares proposed to be bought back

    Not applicable

    20

    Total number of shares proposed to be bought back if all offers are accepted

    Not applicable

    21

    Price to be offered for shares

    Not applicable

    22

    +Record date for participation in offer

    Cross reference: Appendix 7A, clause 9.

    Not applicable

    Compliance statement

    1. The company is in compliance with all Corporations Act requirements relevant to this buy-back.

    or, for trusts only:

    1. The trust is in compliance with all requirements of the Corporations Act as modified by ASIC Corporations (ASX-listed Schemes On-market Buy-backs) Instrument 2016/1159, and of the trust's constitution, relevant to this buy- back.

      ........................................

    2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.

    Sign here: .................... Date: 25 July 2017

    Director

    Print name: Angus McNaughton

    Vicinity Centres RE Ltd. published this content on 25 July 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 25 July 2017 00:09:04 UTC.

    Original documenthttp://www.vicinity.com.au/media/650885/170725-appendix-3c-announcement-of-buy-back.pdf

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