Westfield Group’s 4.8% strategic investment in General Property Trust

12 November 2004

Countries: Australia

Westfield Group (ASX:WDC) notes todays announcement by General Property Trust (ASX:GPT) regarding Westfields beneficial ownership of GPT units.

Westfield purchased the majority of its 4.8% interest in GPT between July and September 2004.

GPT was informed of Westfields beneficial interest on four separate occasions beginning 11 October 2004 in response to requests by GPT under a subsection 672A notice of the Corporations Act.