Distributions
Distribution for six months ended 30 June 2008
Amount 4.125 cents per stapled security
Ex-Date 24 June 2008
Record Date 30 June 2008
Payment Date On or about 29 August 2008
Dates and forecasts are indicative only and subject to change.
Details of the tax components of the distribution will be provided in the Annual Tax Statement to be mailed to Securityholders in August 2008.
Distribution Policy
Distributions will be determined by the Directors and will be based on the operating performance of the Portfolio.
Distribution Reinvestment Plan
On 19 June 2008, BLP announced the implementation of a Distribution Reinvestment Plan ("DRP") for BLP Securityholders. The DRP will commence in time for BLP's distribution for the six months ended 30 June 2008. No discount will be applied to securities issued under the DRP for the 30 June 2008 distribution.
Participation in the DRP is voluntary, and may be in respect of either some or all of a holder's BLP Securities.
In respect of the distribution for the six months ended 30 June 2008, the record date for participation in the DRP is 31 July 2008.
To participate in the DRP, please read the Distribution Reinvestment Plan Rules, and complete the Application Form.
Distribution History
|
Amount
|
Period
|
Payment Date
|
Taxable Components
|
|
3.75c
|
Period to
31 December 2006
|
23 February 2007
|
45% tax deferred
|
|
3.75c
|
Six months ended
30 June 2007
|
31 August 2007
|
45% tax deferred
|
|
4.125c
|
Six months ended
31 December 2007
|
29 February 2008
|
50% tax deferred*
50% Australian Interest*
|
* Estimate only. The taxable components of the distribution will be advised in the Annual Tax Statement for the year ended 30 June 2008.
Babcock & Brown Residential Land Partners Services Limited, the Responsible Entity of Babcock & Brown Residential Land Partners Trust, considers that Babcock & Brown Residential Land Partners Trust is a managed investment trust for the purposes of section 12-395 of Schedule 1 to the Taxation Administration Act 1953, in relation to its income year ending 30 June 2008, and gives the following notice to you as recipient of the payment outlined above.