LENDLEASE GROUP — Director's Dealing 2016

Feb 29, 2016

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Appendix 3X: Initial Director’s Interest Notice

Attached is the Appendix 3X for Mr David Craig.

ENDS

For further information, please contact:

Investors:

Suzanne Evans Tel: 02 9236 6464 Mob: 0407 165 254

Media:

Nadeena Whitby Tel: 02 9236 6865 Mob: 0467 773 032

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Lendlease Corporation Limited ABN 32 000 226 228 and Lendlease Responsible Entity Limited ABN 72 122 883 185 AFS Licence 308983 as responsible entity for Lendlease 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 lendlease.com

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	LENDLEASE GROUP
ABN	Lendlease Corporation Limited ABN 32 000 226 228
	Lendlease Trust ARSN 128 052 595

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	DAVID CRAIG
Date of appointment	1 MARCH 2016

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

NIL

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of Number & class of Securities interest Note: Provide details of the circumstances giving rise to the relevant interest. 1. 12,870 ORDINARY STAPLED SECURITIES 1. ZADIAC PTY LIMITED ATF 2. 2,000 ORDINARY STAPLED SECURITIES ZADIAC SUPERANNUATION FUND OF WHICH DAVID CRAIG IS A BENEFICIARY

1. ZADIAC PTY LIMITED ATF THE ZADIAC TRUST OF WHICH DAVID CRAIG IS A BENEFICIARY

Part 3 – Director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

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----- Start of picture text ----- Detail of contract NILNature of interestName of registered holder(if issued securities)No. and class of securities towhich interest relates----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002