LENDLEASE GROUP — Capital/Financing Update 2012

Sep 20, 2012

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ASX Announcement

Distribution Reinvestment Plan Issue Price

21 September 2012

On 30 August 2012 Lend Lease declared a final unfranked distribution of 22 cents per stapled security with a Record Date of 12 September 2012 and payable on 28 September 2012.

The issue price of securities to be allotted to participants in the Distribution Reinvestment Plan for the above distribution is $7.7882 per security. This is based on the arithmetic average of the daily volume weighted average price of LLC securities sold on the ASX during normal trading hours (adjusted to exclude ‘special’ and other non-market trades) for the period of 5 consecutive business days immediately following the Record Date (that is, during the period 13 September 2012 to 19 September 2012 inclusive).

ENDS

For further information, please contact:

Investor Relations: Corporate Affairs: Sally Cameron Iwona Polski Group Executive - Investor Relations 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 Telephone +61 2 9236 6111 30 Hickson Road Facsimile +61 2 9252 2192 Millers Point NSW 2000 www.lendlease.com Australia