WORLEY LIMITED — Capital/Financing Update 2008

Jan 2, 2008

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3 January 2008

ASX Announcement

WORLEYPARSONS LIMITED (ASX:WOR)

Award of 5 year Services Contract for BP Kwinana Oil Refinery

WorleyParsons announces that BP Refinery (Kwinana) Pty Ltd., operator of the Kwinana Oil Refinery in Western Australia, has awarded WorleyParsons a five year contract for provision of on-site engineering and support services.

This contract covers an ongoing portfolio of projects and modifications throughout the BP Kwinana complex, which is the largest capacity oil refinery in Australia, processing approximately 135,000 barrels of oil per day.

If the levels of activity under the contract continue at the levels that have been typical over the last year, the revenue to WorleyParsons under the contract is expected to be approximately A$70 million over the 5 year term.

This contract award continues a long and successful association with BP Kwinana as WorleyParsons has held the equivalent contract for the previous 6 years. The BP Kwinana Refinery was recently rated by Independent Project Analysis as the top performing benchmarked industrial site (across all industries) in the Asia Pacific region for the execution of sustaining capital projects.

WorleyParsons Chief Executive Officer, Mr John Grill, said:

“We are delighted to continue our long-standing relationship with BP and to renew this contract for a further 5 years. The ongoing performance of this contract is a testament to our expertise in delivering projects in a complex ‘brownfield’ environment and to the way we work in an integrated manner with our clients to help them achieve outstanding results”.

For further information please contact:

David Housego Chief Financial Officer Ph: +61 2 8923 6866 www.worleyparsons.com

Geoff Fowlstone Fowlstone Communications Ph: +61 2 9955 9899 Mob: +61(0) 413 746 949 geoff@fowlstone.com.au