LENDLEASE GROUP — Board/Management Information 2009

Oct 8, 2009

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ASX Announcement

Lend Lease Appoints Brad Soller as Chief Financial Officer

09 October 2009

Lend Lease Corporation Limited (“Lend Lease”) today announced the appointment of Brad Soller as Chief Financial Officer (“CFO”). The appointment follows a global search which commenced earlier this year and included the assessment of a number of high quality external and internal candidates.

Mr. Soller was appointed Interim CFO in December 2008 and will assume responsibility for the CFO role with immediate effect. Prior to this, Mr. Soller held a number of senior positions with Lend Lease including Deputy Group CFO, Global CFO of Real Estate Solutions, which included Bovis Lend Lease, Development and PFIs, and CFO of Lend Lease Asia Pacific.

Mr. Soller has more than 20 years experience and, in addition to the above, has held several senior finance positions in the United Kingdom including Finance Director at BAA McArthur Glen and Thorn Plc.

Mr. Soller qualified as a chartered accountant in South Africa and spent ten years with PricewaterhouseCoopers in South Africa and London. He holds a Bachelor of Accounting and Master of Commerce from the University of Witwatersrand (South Africa).

Lend Lease Chief Executive Officer and Managing Director, Steve McCann said: “We are delighted to confirm Brad’s appointment as Chief Financial Officer.”

“Brad has already made a significant contribution to Lend Lease. His financial expertise and experience, together with his in depth knowledge of the Lend Lease Group, ensures he is well prepared for the CFO role. The search process confirmed that he is the best person to lead the Group’s finance function in the current market environment and into its next phase of growth,” Mr. McCann said.

ENDS

For further information please contact:

Sally Cameron Lend Lease Corporation Tel: 02 9236 6464

Lend Lease Corporation Limited Telephone +612 9236 6111 ABN 32 000 226 228 Facsimile +612 9252 2192 Level 4, 30 The Bond www.lendlease.com 30 Hickson Road Millers Point NSW 2000 Australia

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