CIMIC : announces further on-market share buy-back CIMIC announces further on-market share buy-back(PDF File 1.6 MB)

14 DECEMBER 2017

CIMIC ANNOUNCES FURTHER ON‐MARKET SHARE BUY‐ BACK

On 14 December 2017, the Board of CIMIC Group approved a proposal to conduct a further on‐market share buy‐back of up to 10% of CIMIC's fully paid ordinary shares for a period of 12 months commencing on 29 December 2017 (new buy-back).

CIMIC's current on‐market share buy-back (announced on 12 December 2016) will end on 28 December 20171.

The new buy-back will continue to meet CIMIC's previously stated aims of enhancing shareholder returns and capital efficiency, and maintaining balance sheet flexibility to pursue future growth and investment opportunities.

Funded by a combination of cash balances and working capital facilities, the new buy-back demonstrates CIMIC's strong balance sheet position, solid cash flow generation, and disciplined approach to capital management.

The new buy-back will be within the '10/12 limit' permitted by the Corporations Act 2001 (Cth)

and therefore does not require shareholder approval.

The timing and number of shares purchased will depend on the CIMIC share price and market conditions.

An Appendix 3C for the new buy-back is attached.

ENDS

Issued by CIMIC Group Limited ABN 57 004 482 982www.cimic.com.au

Contacts

Ms Marta Olba, Group Manager Investor Relations T+61 2 9925 6134 Ms Fiona Tyndall, General Manager Communications T+61 2 9925 6188

CIMIC Group Limited (ASX: CIM) is a world-leading infrastructure, mining, services and public private partnerships group. We have businesses in construction (CPB Contractors and Leighton Asia), mining and mineral processing (Thiess and Sedgman), operation and maintenance services (UGL), public private partnerships (Pacific Partnerships) and engineering (EIC Activities). Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and more than 50,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 200 index, the Dow Jones Sustainability Australia Index and FTSE4Good.

1 Unless the maximum number of shares acquired within the '10/12 limit' permitted by the Corporations Act 2001 (Cth) are bought back before this date.