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ING Medical Properties Trust announces change in Manager control

Tuesday, 01 December 2009

On 25 September 2009, Australia and New Zealand Banking Group Limited (ANZ Group) announced that it would be acquiring ING Group’s 51% shareholding in ING New Zealand (ING NZ) and ING Australia.

In New Zealand, the acquisition includes ANZ National Bank Limited taking full ownership of ING NZ’s listed property trust management companies, as well as ING NZ’s funds management (including investment management) and insurance businesses.

Following completion of the transaction today, ANZ National Bank Limited now has full ownership of ING NZ, including control of ING Medical Properties Limited, the Manager of ING Medical Properties Trust (“the Trust”). No changes are expected to be made to the management of the Trust, and the Trust continues to trade as a listed entity on the New Zealand Stock Exchange.

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