Level 5, 50 Pitt Street

17 January 2018

Sydney NSW 2000

Tel: (02) 8243 4900

ASX ANNOUNCEMENT

Fax: (02) 8243 4999www.scaproperty.com.au

SCP Half Year December 2017 Distribution Reinvestment Plan (DRP) Issue Price

SCA Property Group (ASX: SCP) ("SCP") announces the issue price of Stapled Units to be allocated under SCP's DRP on or about 29 January 2018 is $2.25 per unit.

In accordance with the DRP Rules, this issue price has been calculated as the arithmetic average of the daily volume weighted average price of all sales of Stapled Units sold through a Normal Trade recorded on ASX for the first 10 ASX Trading Days following 2 January 2018, less 1.0% (1.0% being the Board approved DRP discount for this distribution) and rounded to the nearest whole cent.

The final DRP participation rate is 12.7% of Stapled Units on issue and the amount to be raised from the DRP is $6.5 million.

Units allotted under the DRP will be issued on the distribution payment date, and will rank equally with existing ordinary units from the date of issue. The intended distribution payment date is 29 January 2018.

Under the DRP Rules, units issued will be rounded down to the nearest whole number of unit(s) with the residual amount carried forward to the next distribution.

Key dates relating to this DRP issue are:

Ex-distribution date

28 December 2017

Record date

5.00pm, 29 December 2017

Last election date for DRP participation

5.00pm, 2 January 2018

Distribution Payment Date

29 January 2018

ENDS

Media, Institutional investor and analyst, contact:

Mark Fleming

Chief Financial Officer

SCA Property Group

(02) 8243 4900

Unitholders should contact SCP Information Line on 1300 318 976 with any queries.

Shopping Centres Australasia Property Group RE Limited ABN 47 158 809 851 AFS Licence 426603 as responsible entity of the Shopping Centres Australasia Property Retail Trust ARSN 160 612 788 and as responsible entity of the Shopping Centres Australasia Property Management Trust ARSN 160 612 626

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SCA - Shopping Centres Australasia Property Group Re Ltd. published this content on 17 January 2018 and is solely responsible for the information contained herein.
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