LENDLEASE GROUP — Board/Management Information 2011

Nov 7, 2011

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ASX Announcement

Lend Lease announces regional integration for infrastructure business

8 November 2011

Lend Lease today announced the integration of the infrastructure business into the Australian region, reporting into Mark Menhinnitt, Chief Executive Officer, Australia from 1 February 2012.

Peter Brecht, currently Managing Director of Lend Lease’s infrastructure business has been appointed Managing Director, Construction, Australia. Managing Directors of Abigroup (David Jurd), Baulderstone (Ian Luck), and Lend Lease’s infrastructure services business (formerly Conneq, David Marchant) as well as Lend Lease’s project management & construction business in Australia (Murray Coleman) will report to him.

The individual businesses will specialise in their core capabilities and focus on key growth sectors relevant to their expertise. Group policies, procedures and operating disciplines will apply to ensure best practice, particularly in safety, risk management and corporate governance. Abigroup and Baulderstone will continue to operate under their own brands.

With the integration of the infrastructure business into the Australian region, Scott Charlton has been appointed to the role of Group Chief Operating Officer, effective immediately. Mr Charlton will focus on driving operational excellence across the Group with responsibility for key Group functions.

Lend Lease Chief Executive Officer and Managing Director, Steve McCann, said the integration of the infrastructure business is progressing well.

“The businesses are performing in line with acquisition expectations, with combined backlog revenue of A$6.3 billion as at 30 September 2011,” said Mr McCann. “ The integration into the Australian region will enhance the Group’s strategy to pursue targeted and coordinated growth in infrastructure and construction.”

ENDS

For further information, please contact: Investor Relations: Sally Cameron Group Executive - Investor Relations Tel:02 9236 6464

Corporate Affairs: Iwona Polski

Group Media & External Communications Manager 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 Telephone +61 2 9236 6111 30 Hickson Road Facsimile +61 2 9252 2192 Millers Point NSW 2000 www.lendlease.com Australia