3 September 2012
The Manager
Company Announcements Office

ASX Limited
Exchange Centre
20 Bridge Street
Sydney NSW 2000
Dear Sir/Madam

Life after De-listing

As advised, APN European Retail Property Group (AEZ) will be removed from the official list of ASX from close of business today.
AEZ will continue to operate however, as it completes its programme of asset sales and subsequent wind up of the fund. This may take a number of years.
APN Funds Management Limited, the responsible entity of AEZ will continue to report on the status of the fund through letters to investors, where appropriate, and on the APN website (www.apngroup.com.au).
Yours sincerely

John Freemantle
Company Secretary

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