FKP Property Group : Appendix 3Y - Change of Director's Interest Notice

Appendix 3Y Change of Director's Interest Notice Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

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 Amended 01/01/11

Name of entity FKP Property Group consisting of FKP Limited and FKP Property Trust, the responsible entity of which is FKP Funds Management Limited ABN 17 089 800 082

ABN FKP Limited 28 010 729 950

FKP Property Trust 92 067 392 292

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	Philip Parker
Date of last notice	5 August 2009

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	1. Philip Parker Pty Ltd 2. Philip Parker Pty Ltd 3. Mr P & Mr R Parker A/C>
Date of change	30 December 2011
No. of securities held prior to change	1. 18, 167,617 2. 25,151,267 3. 778,800
Class	Ordinary
Number acquired	Nil
Number disposed	1. 5,000,000 2. Nil 3. Nil

+ See chapter 19 for defined terms.

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Appendix 3Y Change of Director's Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. $2,350,000 2. Nil 3. Nil
No. of securities held after change	1. Philip Parker Pty Ltd 13,167,617 2. Philip Parker Pty Ltd 25,151,267 3. Mr P & Mr R Parker 778,800 A/C>
	TOTAL	39,097,684
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	Not Applicable
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.

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Appendix 3Y Change of Director's Interest Notice

Part 3 - +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

3 January 2012

+ See chapter 19 for defined terms.

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