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Vital – 4th quarter distribution to be underwritten

6 September 2012

Vital – 4th quarter distribution to be underwritten

Vital Healthcare Management Limited (“the Manager”), the manager of Vital Healthcare Property Trust (“Vital”) is pleased to announce that the issue of units under the Distribution Reinvestment Plan (“DRP”) for the fourth quarter distribution, to be paid on 28 September 2012, will be underwritten.

The underwriting agreement is with Forsyth Barr Group Limited and is a further initiative in Vital’s ongoing capital management programme providing equity for investment and development opportunities. Forsyth Barr’s underwriting commitment, together with elections to participate received to date from holders, will ensure that the DRP will result in the maximum available number of units being issued. That number will be known once the issue price is determined.

Unitholders are reminded that the DRP remains available for this distribution with a 1% discount being applied when determining the issue price.

Any election to participate or amendment to participation levels for the 4th quarter distribution is required to be made before 5.00 pm on the record date, being Friday 7 September 2012.

Notifications of elections or changes should be in writing directly to Computershare Investor Services Limited via the following:-

By facsimile on +64 9 488 8787

By mail, to Computershare Investor Services Limited, Private Bag 92119, Victoria Street West, Auckland 1142;

Or
At Computershare Investor Services Limited offices located at Level 2, 159 Hurstmere Road, Takapuna.

Details of the DRP are also available on our website:

www.vitalhealthcareproperty.co.nz/InvestorCentre/DividendReinvestmentPlan.aspx

– ENDS –

About Vital Healthcare Property Trust

With a portfolio value of over NZ$567m, Vital Healthcare Property Trust (NZSX: VHP) is New Zealand’s largest listed entity investing in medical and healthcare properties in Australasia. With an expert understanding of the needs of healthcare tenants on both sides of the Tasman, we actively select, develop and manage quality properties to meet the growing demand for medical and healthcare services. Our 124 tenants, in 25 properties, provide essential healthcare services to thousands of patients while also undertaking research and providing support services that will make a difference to many more lives in the future.

The Manager of Vital Healthcare Property Trust, Vital Healthcare Management Limited is owned by NorthWest Value Partners Inc., a private real estate investment firm based in Canada with a healthcare real estate interests in Canada, Australia, New Zealand, Brazil and Germany.

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