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Charter Hall Distribution Reinvestment Plan Issue Price

22/07/2013

Charter Hall (ASX:CHC) today announces the Distribution Reinvestment Plan (DRP) issue price for the half year ending 30 June 2013 is $3.8465 per security, based on the average of the daily volume weighted average market price of all stapled securities traded on the ASX over the 15 business days from 1 July 2013 to 19 July 2013 inclusive. The DRP issue price incorporates the 1.0% discount announced on 17 December 2012. 

Charter Hall expects to raise approximately $8.3 million from the DRP, following a preliminary participation rate of 26.5%. The DRP units will be issued on the distribution payment date, being on or about 28 August 2013.

For further information, please contact:

David Harrison
Joint Managing Director
T: +61 8908 4033
david.harrison@charterhall.com.au
David Southon
Joint Managing Director
T: +61 8908 4025
david.southon@charterhall.com.au
Investor enquiries:

Kylie Ramsden
Head of Listed Investor Relations
Charter Hall
T: +61 2 8295 1016
kylie.ramsden@charterhall.com.au
Media enquiries:

Rachel Mornington-West
Head of Marketing and Communications
Charter Hall
T: +61 2 8908 4093
rachel.mornington-west@charterhall.com.au

About the Charter Hall Group:

Charter Hall Group (ASX:CHC) is one of Australia's leading fully integrated property groups, with over 22 years' experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has circa $10 billion of funds under management across the office, retail, industrial and residential sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.

The Group's success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group.

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