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Distribution Reinvestment Plan issue price

Thursday, 24 July 2014

Goodman Group (“Group”) announces that the issue price for Goodman Group stapled securities (“Securities”) issued under the Distribution Reinvestment Plan in respect of the distribution for the 6 months ending 30 June 2014 is $5.11 This is based on the average of the daily volume weighted average price of all sales of Securities recorded on ASX for each of the first 20 ASX Trading Days on and from the first date that they traded on an ex-entitlement basis, less a 1% discount.

The Group expects to issue approximately 8.9 million securities and raise approximately $45 million based on a participation rate of approximately 25%. The stapled securities under the DRP will rank equally with existing stapled securities and will be issued on the distribution payment date of 26 August 2014.

Yours sincerely

Carl Bicego
Company Secretary