GLOSSARY

In this Explanatory Memorandum, and in the Notice, the following expressions have the
following meanings unless stated otherwise or the context otherwise requires:

ASIC

means the Australian Securities & Investments
Commission.

ASX

means Australian Securities Exchange Limited.

ASX Listing Rules

means the listing rules of ASX as amended or replaced
from time to time, except to the extent of any express
written waiver by ASX.

DEXUS Property Group,
DEXUS or the Group

means DEXUS Funds Management Limited
(ACN 060 920 783) as the responsible entity
of each of the four Trusts that comprise
DEXUS Property Group.

Explanatory Memorandum

means this document.

Meeting

means the meetings of the Security holders of the
units in each of the four Trusts to be held concurrently
and in conjunction with each other on the date set out
in this Notice.

Notice

means the Notice of the Meeting dated
30 September 2009.

Securities

means stapled securities of DEXUS Property Group
each consisting of one unit in each of the four Trusts
that comprise the DEXUS Property Group.

Security holder

means a holder of Securities in
DEXUS Property Group (ASX: DXS).

Trusts

means DEXUS Diversified Trust (ARSN 089 324 541),
DEXUS Industrial Trust (ARSN 090 879 137),
DEXUS Office Trust (ARSN 090 768 531) and
DEXUS Operations Trust (ARSN 110 521 223).