LENDLEASE GROUP — Fund Information / Factsheet 2016

Sep 11, 2016

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Lendlease Trust – Fund Payment Notice

Notice for the purpose of Subdivision 12-H of Schedule 1 of the Taxation Administration Act 1953

Set out below are the components for the Lendlease Trust distribution for the six month period ended 30 June 2016 in respect of the following payment:

Record Date 25 August 2016 Payment Date 14 September 2016 Trust Distribution 2.524890 cents per unit

Lendlease Trust declares that it is a managed investment trust for the purposes of Subdivision 12H of Schedule 1 of the Taxation Administration Act 1953, in respect of the income year ending 30 June 2016.

The components of the distribution are provided solely for the purposes of MIT non-resident withholding tax under Subdivision 12-H of the Taxation Administration Act 1953, and should not be used for any other purpose.

Components of the Distribution	Cents per unit
Other Australian Taxable Income	0.611045
Capital Gains in relation to Taxable Australian Property – Discountmethod(doubled as required bys12-405)	0.613834
Capital Gains in relation to Taxable Australian Property – Non –Discount Method	0.074667
Fund Payment	1.299546
Australian Interest Income	0.576180
Tax Deferred Amount	0.649164
Total Distribution	2.524890

This distribution includes a ‘Fund Payment’ of 1.299546 cents per unit pursuant to Subdivision 12H of Schedule 1 of the Taxation Administration Act 1953, in respect of the income year ending 30 June 2016.

Australian resident securityholders should not rely on this notice for the purposes of completing their income tax returns. Details of the Lendlease Trust distribution components for the year ended 30 June 2016 will be provided in a tax statement which will be sent to securityholders on 14 September 2016 with the final distribution. In addition, a Tax Estimator is available within the Investor Centre on Lendlease’s website (www.lendlease.com). The Tax Estimator has been provided to assist investors in calculating the taxable components of their 2016 Lendlease Group distributions for the preparation of your 2016 Australian Individual Income Tax Return. The Estimator should be read together with the Lendlease Group Tax Return Guide 2016. A copy of the Lendlease Group Tax Return Guide 2016 is available online on the Taxation section of the Lendlease Group Investor Centre web page.

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

Telephone +61 2 9236 6111 Facsimile +61 2 9252 2192

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Level 14, Tower Three, International Towers Sydney Exchange Place, 300 Barangaroo Avenue, Barangaroo NSW 2000 Australia