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LENDLEASE GROUP Major Shareholding Notification 2008

Jun 24, 2008

65243_rns_2008-06-24_6483724d-39df-4836-8782-bd38a24972d6.pdf

Major Shareholding Notification

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Amendment to previous Form 603 - Notice of initial substantial holder, lodged on the 18 June 2008 and lodgement of Form 605 - Notice ceasing to be substantial holder

Please note due to incorrect data, the SIM group holding quoted in our 603 notice on the 18 June 2008 was incorrect, the 188,700 shares quoted was incorrect and should have been nil shares held by SIM.

The total Schroders holding in Lend Lease Corporation limited (LLC) and notice on the 18 June 2008 should have been 20,121,522 shares (5.02% shares held).

Due to the above adjustment and recent sale of shares the SIM group holding in LLC ceased to be substantial as of the 13 June 2008, please find Form 605 notice attached below.

Kind Regards,

Kevin Razavi Risk and Compliance

Form 605

Corporations Law Section 671B

Notice of ceasing to be a substantial holder

To
CompanyName/Scheme
LendLease CorpLimited
To
CompanyName/Scheme
LendLease CorpLimited
To
CompanyName/Scheme
LendLease CorpLimited
To
CompanyName/Scheme
LendLease CorpLimited
To
CompanyName/Scheme
LendLease CorpLimited
ABN/ARSN 32000226228
1. Details of substantial
holder (1)
Name Schroder Investment Management Australia Limited
ABN/ARSN (if applicable)
22 000 443 274
Theholderceased to be a substantial holderon 13/06/08
The previousnoticewas givento the company on 18/06/08
The previousnoticewas dated 11/06/08
2. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the
company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
Date of
Person whose
Nature of Consideration Class (6) and Person’s voted
change
relevant
change (4) given in relation to number of affected
interest change (5) securities
changed affected
12/06/2008
SIMAL
Sale 1,440,120.00 130,920 130,920
3. Changes in association
The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial
holder in relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable) Nature of association
Schroder Investment (Singapore) Related Fund Manager
Limited (“SIMSL”)
Schroder Investment Management Related Fund Manager
(Australia)Limited (“SIMAL”)
Schroder Investment Management Related Fund Manager
(HongKong)Limited (“SIMHK”)
Schroder Investment Management UK Related Fund Manager
Limited (“SIMUK”)
Schroder Investment Management North Related Fund Manager
America (“SIMNA”)
4. Addresses

The addresses of persons named in this form are as follows:

Name Address
Schroder Investment (Singapore)
Limited (“SIMSL”)
65 Chulia Street #46-00 OCBC Centre, Singapore 049513
Schroder Investment Management
(Australia)Limited (“SIMAL”)
Level 20 Angel Place, 120 Pitt Street, Sydney, 2000, Australia
Schroder Investment Management
(HongKong)Limited (“SIMHK”)
19
thFloor, Two Exchange Square, 8 Connaught Place, Central,
HongKong SAR
Schroder Investment Management UK
Limited (“SIMUK”)
31 Gresham Street, London EC2V 7QA, UK
Schroder Investment Management North 31 Gresham Street,London EC2V 7QA,UK

America (“SIMNA”)