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STOCKLAND Director's Dealing 2004

Nov 15, 2004

65781_rns_2004-11-15_d2cf619a-d7ee-498b-b6ec-dd946d31c70e.pdf

Director's Dealing

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Appendix 3Y

Rule 3.19A.2

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity STOCKLAND
(Joint listing of Stockland Corporation Limited and Stockland Trust)
ABN Stockland Corporation Limited - 43 000 181 733
Stockland Trust 12 706 208 920

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Graham John Bradley
Date of last notice 25 February 2004

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest Direct
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change 9 November 2004 and 12 November 2004
No. of securities held prior to change Total no. of securities 38,780 comprising:
Graham Bradley - 14,000
Bond Street Associates Pty Ltd - 10,330
Daphino Pty Limited - 14,450
Class Ordinary Stapled Securities
Number acquired 9 November 2004
2,000
12 November 2004
2,000

+ See chapter 19 for defined terms.

Number disposed
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
9 November 2004
\$11,940
\$11,900
12 November 2004
No. of securities held after change Total no. of securities 42,780 comprising:
Graham Bradley - 18,000
Bond Street Associates Pty Ltd - 10,330
Daphino Pty Limited - 14,450
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back
On market trade

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities
to.
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and
an estimated valuation.
Interest after change

$+$ See chapter 19 for defined terms.