21 DECEMBER 2016 CIMIC’S CPB CONTRACTORS AWARDED LOGAN ENHANCEMENT PROJECT

CIMIC Group company, CPB Contractors, has reached contractual close with Transurban Queensland to design and construct the $512 million Logan Enhancement project in Queensland. The contract will generate revenue of approximately $420 million for CPB Contractors. CIMIC Group Chief Executive Officer Adolfo Valderas said: “CIMIC Group is committed to working with our clients to deliver efficient and effective transport projects that support regional economic growth and improved network connectivity for road users. “The Logan Enhancement project is an innovative and sustainable infrastructure solution that will have lasting value for Queenslanders by future proofing one of the state’s busiest motorways.” CPB Contractors Managing Director Román Garrido said: “We will be working closely with Transurban Queensland to ensure our design and construction methods achieve the project’s objectives and provide efficiency and reliability in its delivery. “It is our privilege to contribute our major project experience in support of the expected growth of the region, including strategic procurement and partnering arrangements during the construction phase that will provide opportunities for local workers and businesses.” Works include upgrading the Wembley Road, Beaudesert Road/Mount Lindesay Highway and Compton Road interchanges; realigning and widening the to six lanes from Mount Lindesay Highway to the Wembley Road ramp; and widening the Gateway Extension Motorway from four to six lanes between Compton Road and the Logan Motorway. The project will support 1,300 direct jobs during construction and the Queensland Government estimates economic benefits for Queenslanders of approximately $1 billion over 30 years through delivery of the project. Construction is expected to commence in mid-2017 and take approximately two years to complete. Further information regarding the project is available at http://loganenhancementproject.com.au

ENDS Issued by CIMIC Group Limited ABN 57 004 482 982 www.cimic.com.au

Further information Ms Marta Olba, Group Manager Investor Relations T+61 2 9925 6134

Ms Fiona Tyndall, General Manager Communications T+61 2 9925 6188 For personal use only use personal For CIMIC Group Limited (ASX: CIM) is one of the world’s leading international contractors and the world’s largest contract miner. CIMIC Group has operations that have been in existence since 1934, was listed on the Australian Securities Exchange in 1962 and has its head office in , . CIMIC provides construction, mining, mineral processing, engineering, concessions, and operation and maintenance services to the infrastructure, resources and property markets. It operates in more than 20 countries throughout the

Asia Pacific, the Middle East, North America, Sub-Saharan Africa and South America and, as at 30 September 2016, employed approximately 44,000 people directly and through its investments.

For personal use only use personal For

New Project Information Logan Enhancement Project Project name CPB Contractors Group company

Value What is the value of the contract? A$450M What is the value to CIMIC Group? A$420M (approx.) Is this the 5-year value or does it include Five year value value beyond 5 years? If the value includes different components, (i.e. construction of mine infrastructure and A$ for contract mining) what are the various elements worth? A$ for

Project Details Provide a brief description (scale, type of D&C road works infrastructure, 20 bridges, 3 work, key features, etc)? new grade separated interchanges, significant pavement rehabilitation What is the start date? Jan 17 What is the finish date? Mid 2019 What is the term of the contract? 25 months Is there a possibility of an extension? Low probability Was anyone else bidding the project? Yes If so, who? John Holland How many staff will be employed? 80

Location Where is the project located? Qld What is the State electorate? 90% Stretton, 10% accross Woodridge, Algester, Logan What is the Federal electorate? Rankin

Client Who is the client? Transurban Qld Have we worked for the client before? Yes

If we have, when and where? Vic (current) For personal use only use personal For Who previously held the contract? CPB Contractors Why did the client change?

Investment

New Project Information Template 4 June 2015

Is there any investment required (i.e. equity NIL or working capital)? How much equity is being contributed to A$NIL the project? % Who are the other equity partners? How much bonding is required? A$ or 2.5 % of Contract Value

Partners Are we in joint venture or alliance? no If so, who are the partners and what do they bring? What is our share of the JV or alliance? A$ or %

Risks What style of contract is being used (i.e. Lump Sum Fixed Price project management, alliance, fixed price, cost reimbursable, etc)? What are the major risks on the project? Management of live traffic on an existing , traffic staging in a brown field environment and maintaining effective productivities Who are the neighbours to the site? Large areas of undeveloped/protected reserve, clusters of residential properties at some of the interchanges Who are the contractors? TBA

Contacts What is the site address? TBA Who is the Project Manager? Andrew Large Phone number and email 0417 798 683 / [email protected] Who is the media relations contact? TBA Phone number and email TBA Who is responsible in a crisis? Andrew Large Phone number and email 0417 798 683 / [email protected] Who is the community relations contact? TBA Phone number and email TBA

For personal use only use personal For

New Project Information Template 4 June 2015