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LENDLEASE GROUP Capital/Financing Update 2010

Jul 19, 2010

65243_rns_2010-07-19_a46bf6ee-2c1b-4b93-999b-c4c7035ea629.pdf

Capital/Financing Update

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==> picture [98 x 36] intentionally omitted <==

ASX Announcement

Development Agreement signed for Alkimos

20 July 2010

On 20 January 2010, Lend Lease announced that it was selected by the Western Australian Government as preferred proponent for the A$400 million first stage of the 710 hectare Alkimos Community development. Lend Lease today announced that its subsidiary, Delfin Lend Lease, has now signed the Development Agreement with LandCorp.

ENDS

For further information please contact:

Investor enquiries: Sally Cameron Ph: +61 2 9236 6464

Lend Lease Corporation Limited ABN 32 000 226 228 Lend Lease Trust ARSN 128 052 595

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