DOWNER EDI LIMITED — Capital/Financing Update 2016

Aug 17, 2016

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

18 August 2016

BID COSTS RELATING TO NEW INTERCITY FLEET

Downer EDI Limited (Downer) announced today that the Constellation Rail consortium had not been successful in its bid to deliver and maintain the New Intercity Fleet for Transport for NSW.

Constellation Rail consists of Downer and CRRC Changchun Railway Vehicles Co Ltd.

Downer’s share of pre-tax bid costs totalled $10 million ($7 million after tax) and will now be expensed.

Downer announced on 4 August 2016 that it was targeting net profit after tax (NPAT) of around $170 million for the 2017 financial year.

As a consequence of expensing the bid costs associated with the New Intercity Fleet, Downer’s NPAT target for the 2017 financial year is now $163 million.

About Downer

Downer EDI Limited (Downer) is a leading provider of services to customers in markets including: Transport Services; Utilities Services; Technology and Communications Services; Rail; Mining; and Engineering, Construction & Maintenance. We build strong relationships of trust with our customers, truly understanding and predicting their needs and bringing them world leading insights and solutions. Downer employs about 19,000 people across more than 200 sites and projects, mostly in Australia and New Zealand, but also in the Asia-Pacific region, South America and Southern Africa. For more on Downer, visit: www.downergroup.com.

For further information please contact:

Michael Sharp, Group Head of Corporate Affairs and Investor Relations

+61 439 470 145

Page 1 of 1