Estimated distribution for the six months ending 30 June 2020

16 June 2020

Estimated distribution for the six months ending 30 June 2020

Dexus announces details relating to its estimated distribution for the six months ending 30 June 2020.

The estimated distribution amount for the six months ending 30 June 2020 is 23.2 cents¹ per stapled security.

Consistent with the FY20 distribution guidance announcement released to the Australian Securities Exchange on 1 June 2020, and taking into account the distribution of 27.0 cents per stapled security for the six months ending 31 December 2019 (paid on 28 February 2020), this distribution will result in a total estimated distribution amount of 50.2 cents per stapled security for the 2020 financial year.

The payment will be made in accordance with the following timetable:

Dexus confirms that its distribution reinvestment plan remains suspended and will not be in operation for this distribution payment. If any changes occur in this regard, the Australian Securities Exchange and security holders will be advised at the appropriate time.

Dexus will confirm its final distribution amount for the six months ended 30 June 2020 when it announces its 2020 annual results on Wednesday, 19 August 2020.

Authorised by the Board of Dexus Funds Management Limited.

^{1 In consideration of the ongoing impact of COVID-19 on its operating environment, Dexus will continue to assess the situation and there is a possibility that the actual distribution amount per stapled security may be marginally higher than estimated.}