LENDLEASE GROUP — Board/Management Information 2011

Dec 12, 2011

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ASX Announcement

Lend Lease announces appointment of Chief Financial Officer

13 December 2011

Lend Lease today announced that Tony Lombardo has been appointed Group Chief Financial Officer (CFO), effective immediately, reporting to Group Chief Executive Officer and Managing Director, Steve McCann. Mr Lombardo replaces outgoing CFO, Brad Soller, whose resignation was announced to the market on 26 August 2011.

Mr Lombardo has been the Group Head of Strategy and Mergers & Acquisitions since July 2007. Since joining Lend Lease, Mr Lombardo has led a number of initiatives including refocusing the Group’s overall business strategy, leading the strategy and analysis for the recent Group reorganisation as well as the Valemus acquisition. Prior to joining Lend Lease, Mr Lombardo spent almost ten years at GE, with responsibilities across numerous functional disciplines including Finance, Strategy and Mergers & Acquisitions. Mr Lombardo previously worked at KPMG and is a Chartered Accountant.

Lend Lease Group Chief Executive Officer and Managing Director, Steve McCann, said that Mr Lombardo’s appointment reinforces the depth and quality of senior management across Lend Lease and will enhance the strategic focus of the Group’s Finance function.

“It is great to be able to provide the right development opportunities for internal employees and be able to draw on an increasingly high quality bench for senior appointments,” said Mr McCann. “Tony’s appointment supplements the strong external appointments we have made in recent years and enables continuity in our key finance initiatives including our transformation program.”

ENDS

For further information, please contact:

Investor Relations: Corporate Affairs: Sally Cameron Iwona Polski Group Executive - Investor Relations Group Media & External Communications Manager Tel:02 9236 6464 Tel: 02 9237 5034

Lend Lease Corporation Limited ABN 32 000 226 228 and Lend Lease Responsible Entity Limited ABN 72 122 883 185 AFS Licence 308983 as responsible entity for Lend Lease Trust ABN 39 944 184 773 ARSN 128 052 595

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Level 4, 30 The Bond 30 Hickson Road Millers Point NSW 2000 Australia

Telephone +61 2 9236 6111 Facsimile +61 2 9252 2192 www.lendlease.com