LENDLEASE GROUP — Capital/Financing Update 2014

Mar 16, 2014

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

ASX Announcement

Distribution Reinvestment Plan Issue Price

17 March 2014

On 26 February 2014 Lend Lease announced an interim unfranked distribution of 22 cents per stapled security, with a Record Date of 7 March 2014 and payable on 21 March 2014.

The issue price of securities to be allotted to participants in the Distribution Reinvestment Plan for the above distribution is $11.4734 per security. This is based on the arithmetic average of the daily volume weighted average price of LLC securities traded on the ASX for the period of 5 consecutive business days immediately following the Record Date, that is, during the period 10 March 2014 to 14 March 2014 inclusive.

Stapled securities issued under the Distribution Reinvestment Plan rank equally with all other stapled securities on issue.

ENDS

Investor Relations: Suzanne Evans Head of Investor Relations Tel: 02 9236 6464 / 0407 165 254

Media:

Vivienne Bower Group Head of Corporate Affairs and Investor Relations Tel: 02 9277 2174 / 0431 487 025

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

1

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