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Finance senior management change


Charter Hall Group (ASX:CHC) (the ‘Group') today confirms that following the recent appointment of Paul Altschwager as Chief Financial Officer (CFO), the Group General Manager Finance and Chief Financial Officer of Charter Hall Retail REIT (ASX:CQR) (the ‘REIT'), Richard Di Lernia, will leave the Group to pursue other opportunities.

Mr Di Lernia will step down as CFO for Charter Hall Retail REIT (ASX:CQR) (the ‘REIT') with the REIT's Fund Manager, Philip Schretzmeyer being appointed as General Manager Finance and assuming all finance responsibilities for the REIT.

Charter Hall's Joint Managing Director, David Harrison, said: 'We thank Richard for his positive contribution to Charter Hall and the REIT and wish him all the best for his future endeavours.

'Paul Altschwager joins Charter Hall on 27 February 2012 and will lead the Group's team of finance and accounting professionals, who will also provide finance resourcing support for the REIT's existing Investment Management and Finance team,' Mr Harrison added.

Mr Di Lernia will leave the Group on 30 June 2012 following a transition period.

For further information, please contact:

David Harrison
Joint Managing Director
T: +61 8908 4033
David Southon
Joint Managing Director
T: +61 8908 4025
Investor enquiries:

Kylie Ramsden
Head of Listed Investor Relations
Charter Hall
T: +61 2 8295 1016
Media enquiries:

Rachel Mornington-West
Head of Marketing and Communications
Charter Hall
T: +61 2 8908 4093

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