DOWNER EDI LIMITED — Capital/Financing Update 2011

Feb 22, 2011

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Company Announcements Platform

Australian Securities Exchange and NZX

23 February 2011

Downer Responds to Speculation

Downer notes speculation in the press today regarding a potential capital raising by the company.

Downer confirms that it has been considering a range of capital management options following the Waratah Project provision announced on 27 January 2011.

Downer continues to review its capital position as it finalises its results and will update the market on Monday 28 February 2011. No decision in relation to its capital position has been taken at this time.

CONTACT DETAILS

Investors: Ross Moffat, Executive General Manager Investor Relations T: +61 412 256 224 Media: Michael Sharp, Group Head of Corporate Affairs T: +61 439 470 145

Downer EDI Limited (www.downergroup.com) is a major ASX listed company that provides comprehensive engineering and infrastructure management services to the public and private transport, energy, infrastructure, communications and resources sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

A Triniti Business Campus, 39 Delhi Road, North Ryde NSW 2113 P PO Box 1823, North Ryde NSW 2113 T +61 2 9468 9700 | F +61 2 9813 8915 | W downergroup.com

Downer EDI Limited ABN 97 003 872 848