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DOWNER EDI LIMITED Capital/Financing Update 2015

Jun 10, 2015

64784_rns_2015-06-10_17a0f3cc-fb4d-4229-829d-1084e85a4e5c.pdf

Capital/Financing Update

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Downer EDI Limited ABN 97 003 872 848 Triniti Business Campus 39 Delhi Road North Ryde NSW 2113 1800 DOWNER www.downergroup.com

Media/ ASX and NZX Release

11 June 2015

US PRIVATE PLACEMENT ISSUE

Downer EDI Limited (Downer) announced today it had priced a new issue of 10 year fixed rate senior unsecured US Private Placement Notes. Two tranches of Notes were issued, with one denominated in US dollars for an amount of US$100 million and the other in Australian dollars for A$30 million.

The proceeds will be used for general corporate purposes and will extend the duration of Downer’s debt portfolio.

The issue was oversubscribed but was capped at the above amounts and fully hedged into fixed rate Australian dollars for the 10 year term at a pricing level which is in line with current market.

This transaction marks the first time Downer has returned to the US capital markets since 2004 and was well supported by major US institutional investors.

J.P. Morgan Securities LLC and ANZ Securities, Inc. acted as Lead Placement Agent and Co-Placement Agent, respectively.

The transaction remains subject to execution of final documentation and is scheduled to complete on 8 July 2015.

Downer is rated BBB (Stable) by Fitch Ratings.

For further information please contact:

Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470145 Luke Thrum, Manager Investor Relations +61 459 828720

Downer EDI Limited (Downer) is a leading provider of services to customers in markets including Transportation, Mining, Energy and Industrial Engineering, Utilities, Communications and Facilities. Downer employs about 20,000 people, mostly in Australia and New Zealand but also in the AsiaPacific region, South America and Southern Africa.

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