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ASX Announcement

Lend Lease completes work on Peninsula Link road project in

18 January 2013

Lend Lease today announced that it has received the certificate of completion of its work on the Peninsula Link freeway project in , Victoria. The road opened for morning peak hour on Friday 18th January 2013.

Lend Lease, through Abigroup, is part of the Southern Way consortium contracted to design, build, construct, finance, operate and maintain Peninsula Link for 25 years. Peninsula Link is a 27km dual carriage motorway between the EastLink toll road in Melbourne’s east and the Freeway at Mt Martha.

The A$655 million Abigroup contract commenced in February 2010 and this final milestone marks the completion of just under three years of construction, during which time three million cubic metres of earth were moved, 45 bridge structures were built and 407,800 tonnes of asphalt were laid to complete 27km of two-lane dual carriageway.

Lend Lease’s infrastructure services business is responsible for the ongoing operation and maintenance of the road for the next 25 years.

ENDS

For further information, please contact: Investor Relations: Corporate Affairs: Sally Cameron Iwona Polski Group Executive - Investor Relations Group Media & External Communications Manager Tel: 02 9236 6464 Tel: 02 9237 5034

Lend Lease Corporation Limited ABN 32 000 226 228 and 1 Lend Lease Responsible Entity Limited ABN 72 122 883 185 AFS Licence 308983 as responsible entity for Lend Lease Trust ABN 39 944 184 773 ARSN 128 052 595

Level 4, 30 The Bond Telephone +61 2 9236 6111 30 Hickson Road Facsimile +61 2 9252 2192 Millers Point NSW 2000 www.lendlease.com Australia