20 August, 2003

Galileo Japan Funds Management Limited (ACN 121 567 244) (AFSL 305 429)

as Responsible Entity for Galileo Japan Trust (ARSN 122 465 990)

Level 9,1Alfred Street Sydney NSW 2000 Australia

GPO Box 4760 Sydney NSW 2001

Telephone: (02) 9240 0333

Facsimile: (02) 9240 0300

ASX Code: GJT

Website: www.galileofunds.com.au

28 April 2016

ASX / Media Release GALILEO JAPAN TRUST UPDATE ON SALE OF PREJEAL UTSUBO PARK ("UTSUBO"), OSAKA

Please find attached a Galileo Japan Trust (ASX code: GJT) announcement.

Investor and media enquiries:

Peter Murphy

Chief Operating Officer Phone: +61 2 9240 0308

Camelia Tan Trust Analyst

Phone: +61 2 9240 0312

Further information on Galileo Japan Trust is available at www.galileofunds.com.au

28 April 2016

GALILEO JAPAN TRUST UPDATE ON SALE OF UTSUBO, OSAKA

Galileo Japan Funds Management Limited ("GJFML"), as responsible entity of Galileo Japan Trust (ASX: GJT), today announced the Japanese TK business has completed the sale of its beneficial interest in Utsubo, Osaka for ¥450 million. The sale price is in line with the forecast sale proceeds outlined in the Notice of Meeting and Explanatory Memorandum dated 29 February 2016.

END

Galileo Japan Trust issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2016 04:48:53 UTC

Original Document: http://clients.weblink.com.au/clients/GJT/article.asp?asx=GJT&view=2919501