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Commencement of Balfour Park Works

As you may be aware, Frasers Property Australia, as part of the development of the old Carlton United Brewery site, is committed providing the community several parks, both on site and in the vicinity of the site. We are pleased to announce that works for the Balfour Street Park, at the conjunction of Balfour Street and O'Connor Street, are due to commence shortly reports this media release from Frasers Property on 4 September 2009.

Prior to the commencement of the creation and landscaping of the park, several weeks work is required to complete the environmental works. These works were approved in 2008 and have been scheduled to commence in conjunction with the work on the park.

It is anticipated that the works will commence on Monday 7 September 2009 and be completed in the last week of November 2009, a little ahead of our promised December 2009 delivery.

The plans for the park and details of the associated works can be viewed (from Monday 7 September) at www.frasersbroadway.com.au .

Any further enquiries can be directed to Frasers Property Community Relations, Carlene Summers, on (toll free) 1800 282 909.