takeover now more likely than ever, page-41

As previously advised, the Board and management of Centro Properties Group (“Centro”)
and their advisers are undertaking a strategic review process. This review includes
evaluating options to secure the financial structure of Centro and its related entities,
including Centro Retail Trust, on a timetable consistent with that agreed with the group's
banks.
Mr Brian Healey, Chairman of Centro, said, “In recent days, we have received a significant
number of unsolicited expressions of interest from a range of strategic and financial
investors in potential investments in the group and certain of our assets.
“Therefore, as part of the strategic review process, Centro is now seeking expressions of
interest for key alternatives available to it.