LENDLEASE GROUP — Major Shareholding Notification 2008

Jun 17, 2008

Ammendment to previous notice lodged from Schorders Investment Management Australia Limited (SIMAL) on the 18 June 2008

Please note some changes have been made to the previous Notice of Initial Substantial Holder Form 603 notice lodged for Lend Lease Corporation Limited.

Please find replacement notice attached

Regards,

SIMAL.

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Form 603

Corporations Law Section 671B

Notice of initial substantial holder

Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder	Form 603 Corporations Law Section 671B Notice of initial substantial holder
To Company Name/Scheme		Lend Lease Corporation Limited
ABN/ARSN		32000226228
1. Details of substantial holder (1)
Name		SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
ABN / ARSN (if applicable)		22 000 443 274
The holder became a substantial holder on 11 June 2008 2. Details of voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:
Class of securities (4)			Number of securities			Persons’ votes (5)	Voting power (6)
OrdinaryShares			20,310,222			20,310,222	5.06%
3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:
Holder of relevant interest					Nature of relevant interest (7)			Class and number of securities
SIMAL					17,191,406			17,191,406
SIMSL					2,786,492			2,786,492
SIMHK					143,624			143,624
SIM					188,700			188,700
4. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows:
Holder of relevant interest	Registered holder of securities			Person entitled to be registered as holder (8)					Class and number of securities
SIMAL	BNP Paribas Securities Services			BNP Paribas Securities Services					1,054,867.00
SIMAL	JP MorganCustodialServices			JP MorganCustodialServices					7,348,308
SIMAL	CiticorpNomineesLtdHK			CiticorpNomineesLtdHK					2,391,774
SIMAL	HSBC Custody Nominees (Australia)Ltd			HSBC Custody Nominees (Australia) Ltd					672,965
SIMAL	National Nominees Ltd - Melbourne			National NomineesLtd- Melbourne					4,422,201
SIMAL	State StreetAustraliaLimited			State StreetAustraliaLimited					1,301,291
SIMSL	Citibank Ltd,Melbourne			Citibank Ltd,Melbourne					307,181

Holder of	Registered holder of securities	Person entitled to be registered as holder (8)	Class and
relevant			number of
interest			securities
	BNP Paribas Securities
SIMAL	Services	BNP Paribas Securities Services	1,054,867.00
SIMAL	JP MorganCustodialServices	JP MorganCustodialServices	7,348,308
SIMAL	CiticorpNomineesLtdHK	CiticorpNomineesLtdHK	2,391,774
	HSBC Custody Nominees	HSBC Custody Nominees (Australia)
SIMAL	(Australia)Ltd	Ltd	672,965
	National Nominees Ltd -
SIMAL	Melbourne	National NomineesLtd- Melbourne	4,422,201
SIMAL	State StreetAustraliaLimited	State StreetAustraliaLimited	1,301,291
SIMSL	Citibank Ltd,Melbourne	Citibank Ltd,Melbourne	307,181

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SIMSL	HSBC Bank Australia Ltd, Sydney	HSBC Bank Australia Ltd, Sydney	HSBCBank AustraliaLtd, Sydney	HSBCBank AustraliaLtd, Sydney	HSBCBank AustraliaLtd, Sydney	HSBCBank AustraliaLtd, Sydney	HSBCBank AustraliaLtd, Sydney	775,785
SIMSL	JP MorganChaseBank, Sydney		JP MorganChaseBank, Sydney					803,286
SIMSL	NAB,Melbourne		NAB,Melbourne					900,240
SIMHK	Citicorp Nominees Pty Ltd, Melbourne		CiticorpNomineesPtyLtd,Melbourne					8,610
SIMHK	HSBC,Melbourne		HSBC,Melbourne					44,950
SIMHK	HSBC, Sydney		HSBC, Sydney					50,574
SIMHK	JP MorganChaseBank, Sydney		JP MorganChaseBank, Sydney					4,990
SIMHK	NAB,Melbourne		NAB,Melbourne					34,500.00
SIM	Citibank N.A(London)		Citibank N.A(London)					188,700
5. Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:
Holder of relevant interest		Date of acquisition		Consideration (9)			Class and number of securities
				Cash		Non-cash	ORDINARY SHARES
SIMAL		11/02/08– 11/06/08		55,832,939.01			4,238,521
6. Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
Name and ACN/ARSN(if applicable)					Nature of association
Schroder Investment Singapore Limited(“SIMSL”)					Related Fund Manager
Schroder Investment Management North America (“SIMNA”)					Related Fund Manager
Schroder Investment Management Limited(“SIM”)					Related Fund Manager
Schroder InvestmentManagementAustraliaLimited (“SIMAL”)					RelatedFundManager

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN(if applicable)	Nature of association
Schroder Investment Singapore Limited(“SIMSL”)	Related Fund Manager
Schroder Investment Management North America (“SIMNA”)	Related Fund Manager
Schroder Investment Management Limited(“SIM”)	Related Fund Manager
Schroder InvestmentManagementAustraliaLimited (“SIMAL”)	RelatedFundManager

7. Addresses

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

7. Addresses The addresses of persons named in this form are as follows:	7. 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 North America (“SIMNA”)	31 Gresham Street, London EC2V 7QA, UK
Schroder InvestmentManagementLimited (“SIM”)	31GreshamStreet,London EC2V 7QA, UK
Schroder Investment Management (Australia) Limited (“SIMAL”)	Level 20 Angel Place, 123 Pitt Street, Sydney, 2000, Australia

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