ASX/MEDIA ANNOUNCEMENT

Charter Hall Office Management Limited

ABN 75 006 765 206

AFS Licence No. 247075 as responsible entity of Charter Hall Office REIT

COMPLETION OF SALE OF REMAINING US PROPERTIES

Monday, 2 April 2012

Charter Hall Office REIT (ASX:CQO) (the 'REIT') today announced it has finalised the sale of all remaining United States (US) properties following the closing of its interest in One & Three Christina Center, Delaware and the five assets held in joint venture with MPG Office Trust (MPG) as part of the sale of the entire US portfolio to entities affiliated with Beacon Capital Partners, LLC (Beacon) announced on 3 August 2011.

The proceeds from these sales will be released and repatriated to Australia in the near term. Updated

Proposal key dates will be released once the Second Judicial Advice Date is secured.

For further information please contact: Adrian Taylor

Chief Executive Officer Charter Hall Office REIT Tel: +61 2 8295 1024

adrian.taylor@charterhall.com.au

Investor enquiries: Kylie Ramsden

Head of Listed Investor Relations

Charter Hall

Tel: +61 2 8295 1016 kylie.ramsden@charterhall.com.au

Jill Rikard-Bell

Chief Operating Officer Charter Hall Office REIT Tel: +61 2 8295 1013

jill.rikard-bell@charterhall.com.au

Media enquiries: Rachel Mornington-West

Head of Marketing and Communications

Charter Hall

Tel: +61 2 8908 4093

rachel.mornington-west@charterhall.com.au

About Charter Hall Office REIT

Charter Hall Office REIT is a leading listed real estate investment trust with a portfolio of high grade office buildings predominantly located in major business districts across Australia. A customer focused approach to asset management drives the leasing and refurbishment initiatives with a view to maximising returns of the underlying assets.
A proposal to acquire the issued units in Charter Hall Office REIT was approved at a Charter Hall Office REIT Unitholder meeting on 15 March 2012. The Proposal is still subject to a number of conditions precedent. On the effective of the Proposal will result in Charter Hall Office REIT being de-listed from the ASX and re-formed into a new Charter Hall managed wholesale fund to be called Charter Hall Office Trust (CHOT).
For further information on Charter Hall Group and Charter Hall Office REIT go to www.charterhall.com.au

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This press release was issued by Charter Hall Office REIT and was initially posted at http://www.charterhall.com.au/pdf/chpt_ch/3100.pdf . It was distributed, unedited and unaltered, by noodls on 2012-04-02 04:12:04 AM. The issuer is solely responsible for the accuracy of the information contained therein.