Retail funds

Stockland Direct Office Trust No.1

NTA per unit: $1.68*
Distribution: 1.1250**
cents per unit
Fund details

Stockland Direct Office Trust No.2

NTA per unit: $0.94*
Distribution: 1.6985**
cents per unit
Fund details

Stockland Direct Office Trust No.3***

NTA per unit: $0.48*
Distribution: 0.000**
cents per unit
Fund details

Stockland Direct Retail Trust No.1

NTA per unit: $0.62*
Distribution: 0.6250**
cents per unit
Fund details

*Net tangible assets per unit as calculated in accordance with Australian International Financial Reporting Standards as at 31 December 2009. For SDOT2 only, adjusted to exclude the mark to market effect of the interest rate swap asset/liability.
**March 2010 gross quarterly distribution.
***Stapled to Stockland Holding Trust No.2


Wholesale funds

Stockland Residential Estates Equity Fund No.1

SREEF1 is co-invested alongside Stockland in a diversified portfolio of residential land subdivision projects located around Australia. SREEF1 is an 8-year closed end fund for wholesale investors that was fully subscribed and closed in August 2006.

Fund details

Key announcements

SDOT1 geared investors need to repay their loans by 30 September 2010.

Investor updates

31/08/2010

The September 2010 Quarter Limited Liquidity Facilities for SDOT2, SDOT3 and SDRT1 close 10 September 2010.
31/08/2010

The payment date for SDOT1, SDOT2 and SDRT1 June 2010 quarterly distributions is 31 August 2010.

Stockland Capital Partners Limited (ABN 86 078 081 722, AFS Licence No 241188) is the Responsible Entity of Stockland Direct Office Trust No.1 (ARSN 110 688 009), Stockland Direct Office Trust No.2 (ARSN 115 017 466), Stockland Direct Office Trust No.3 (ARSN 124 439 925) stapled to Stockland Holding Trust No.2 (ARSN 132 129 134) and Stockland Direct Retail Trust No.1 (ARSN 121 832 086) and the Fund Manager of Stockland Residential Estates Equity Fund No.1.