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LENDLEASE GROUP Capital/Financing Update 2011

Oct 27, 2011

65243_rns_2011-10-27_2f200ba9-b74b-4f50-8c1b-6d9c938fa8f3.pdf

Capital/Financing Update

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==> picture [97 x 36] intentionally omitted <==

ASX Announcement

Lend Lease secures A$355m contract for Adelaide Oval redevelopment

28 October 2011

Further to Lend Lease’s announcement of 6 September 2011, Lend Lease today announced that it has reached agreement on a contract sum of circa A$355 million for construction work on the Adelaide Oval Redevelopment project. The contract will be delivered by Baulderstone, part of Lend Lease’s Australian infrastructure business.

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

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