keeping focused - maintained earnings

Good News, however if debt is a concern I would prefer the dividend to be reduced, but who am i to argue...

12 March 2009

GOODMAN GROUP (“GOODMAN”)
DISPATCH OF HALF YEAR REVIEW TO SECURITYHOLDERS
The attached Goodman Group Half Year Review for the half year ended 31 December 2008 was
dispatched to Securityholders today.

Outlook
Despite the challenging market
conditions, Goodman is
committed to the execution
of our long-term strategy
of owning, developing and
managing industrial property
and business space.
Goodman has been actively
repositioning our business
to reflect the current environment.
We have significantly reduced
operating costs, reengineered
our development business and
have a strong focus on our
capital management and
allocation strategy.
Goodman is a fundamentally
strong business with a global
footprint and the right strategy
to manage through these
difficult times and to deliver
long-term growth.
As a result, we maintain our
target earnings per security
of 19.3 cents for the full year.