HOCHTIEF : subsidiary Leighton wins two PPP contracts for EUR 3 billion more

HOCHTIEF subsidiary Leighton wins two PPP contracts worth EUR 3 billion

 Development and operation of rapid transit rail service in Sydney

 Design, construction and operation of a prison in Melbourne

HOCHTIEF subsidiary Leighton has won two PPP contracts in Australia with a combined value of more than EUR 3 billion. Leighton's share in the projects is EUR 1.85 billion. In Sydney, two Leighton subsidiaries are part of a consortium that will design, finance and build a 36-kilometer rapid transit train service and subsequently operate it for a period of 15 years. The contract is part of the North West Rail Link for which Leighton has already been working on another contract-worth more than EUR 800 million-for one year now. In Melbourne, Leighton subsidiary John Holland, as part of a joint venture, will build and
operate a prison for approximately 1,000 inmates. Leighton's share in the contract amounts to around EUR 450 million.
Marcelino Fernández Verdes, CEO of HOCHTIEF and Leighton: "In line with the Federal Government's commitment to fund new infrastructure in coming years, State governments and private sector investors are committing to civil and social infrastructure that meets the needs of their local communities and we are proud to be assisting with this investment. Much of this total infrastructure growth is expected to be funded by PPPs - around EUR 35 billion in PPP projects are expected to commence by 2020 - providing opportunities for the Group as equity participant, contractor and asset manager."
Details on both projects are available in the two attached media releases.

CORPORATE HEADQUARTERS

CORPORATE COMMUNICATIONS

Contact:

Dr. Bernd Pütter

Opernplatz 2

45128 Essen, Germany

Tel.: +49 201 824-2610

Fax: +49 201 824-92634 presse@hochtief.de

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09/16/2014

HOCHTIEF Aktiengesellschaft Sitz der Gesellschaft: Essen, Registergericht: Essen HRB 279, USt-IdNR. DE 1198 171 25, StNr. 5112/5710/0012, Vorsitzender des Aufsichtsrates: Thomas Eichelmann; Vorstand: Marcelino Fernández Verdes (Vorsitzender),

Nikolaus Graf von Matuschka, José Ignacio Legorburo Escobar, Peter Sassenfeld

CORPORATE HEADQUARTERS

HOCHTIEF is one of the most international construction groups worldwide. The company delivers complex infrastructure projects, in some cases on the basis of concession models. The Group operates in the transportation infrastructure, energy infrastructure and social/urban infrastructure segments as well as in the contract mining business. With around 71,000 employees and a sales volume of more than EUR 25 billion in FY

2013, HOCHTIEF is represented in all the world's major markets. With its subsidiary Leighton, the Group is market leader in Australia. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006. Further information is available

at www.hochtief.com/press

CORPORATE COMMUNICATIONS

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09/16/2014

Leighton Holdings Limited is the parent company of Australia's largest contracting and project development group, which includes subsidiaries Thiess, John Holland, Leighton Contractors, Leighton Africa, Leighton Welspun, Leighton India, Leighton Offshore, Habtoor Leighton Group, Leighton Asia and Leighton Properties. Leighton Group companies offer a broad range of construction, mining, and operations and maintenance services to the infrastructure, property and resources markets, and often take a general contractor role. With over 53,000 employees, the Group's operations are spread all around Australia, Asia, the Middle East and Africa. Further information is available at http://www.leighton.com.au/www.leighton.com.au

ASX/Media Release

Leighton Group companies John Holland and Leighton Contractors, as part of the Northwest Rapid Transit (NRT) Consortium, have reached contractual close on a Public Private Partnership (PPP) with the New South Wales Government to deliver the $3.7 billion Operations, Trains and Systems (OTS) package for the North West Rail Link (NWRL) in Sydney.
The NRT consortium consists of John Holland, Leighton Contractors, MTR Corporation, UGL Rail Services and Plenary Group.
Leighton Holdings Executive Chairman and Chief Executive Officer Marcelino Fernández Verdes said: "The Federal Government's objective is to catalyse $125 billion in new infrastructure spending by the end of the decade, and a large part of this is expected to be delivered through PPPs which presents a significant opportunity for Leighton. By bundling together the funding, construction and management of new projects we will be able to leverage greater results for our clients and shareholders. NWRL is an example of this."
The NRT consortium will procure rolling stock and design, build, finance, and then operate the NWRL's 36km rapid transit train service for a 15 year period. The net present value to the Leighton Group is $2 billion.
Under the PPP arrangement a four-way joint venture between MTR Corporation, John Holland, Leighton Contractors and UGL Rail Services will deliver the five year construction phase.
John Holland Managing Director, Glenn Palin said: "NRT is committed to a successful partnership with the NSW Government. To that end, we will ensure construction, fit out and systems seamlessly meet operational needs so that commuters in the North West benefit from a safe, efficient rail service."
Leighton Contractors Managing Director David Jurd said: "The NWRL will improve travel times, accessibility and amenity for commuters, paving the way for sustainable growth in Sydney's North West and delivering wider benefits to the State's economy."
The NWRL is the first stage of Sydney Rapid Transit, Sydney's new railway network and is scheduled to commence services in the first half of 2019.
The OTS PPP is the second NWRL contract win for the Leighton Group. In June 2013, Thiess and John Holland in joint venture with Dragados, were selected to deliver part of the NWRL's tunnels and civil works under a $1.15 billion contract. The tunnelling contract commenced in June 2013 and is scheduled for completion in 2017.
ENDS

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Further information:

MS JANET PAYNE, Group Manager Investor Relations Leighton Holdings T+61 2 9925 6121

MS FIONA TYNDALL, Group Manager Media Relations Leighton Holdings T+61 2 9925 6188

MS NICOLA MITCHELL, John Holland T: +61 402 398 545 E: nicola.mitchell@jhg.com.au

MS LEIGH O'DWYER, Leighton Contractors T+61 419 643 497 E: leigh.odwyer@leicon.com.au

LEIGHTON HOLDINGS LIMITED, founded in Australia in 1949, is the parent company of the Leighton Group, one of the world's leading international contractors. The Group is also the world's largest contract miner. Listed on the Australian Stock Exchange since 1962, Leighton Holdings has its head office in Sydney, Australia. Leighton Holdings owns and operates through a number of Operating Companies: Leighton Contractors; Thiess; John Holland; Leighton Asia, India and Offshore; and Leighton Properties. The Leighton Group also has a 45% investment in the Habtoor Leighton Group. These companies provide development, construction, contract mining, and operation and maintenance services to the infrastructure, resources and property markets. They operate in more than 20 countries throughout the Asia Pacific, the Middle East and Southern Africa. The Leighton Group directly employed approximately 52,100 people, as at 30 June 2014.

JOHN HOLLAND is one of Australia's leading engineering, contracting and services providers to the infrastructure, energy and resources and transport services sectors. Operating across Australia and in New Zealand, South East Asia and the Middle East, John Holland's business is driven by its collaborative approach to project delivery and its diversity of skills and capabilities. John Holland's experience covers a wide range of contracting and services

capabilities, from tunnelling, building and civil construction solutions in the infrastructure sector to the delivery of major water and environment, energy, minerals and industrial projects in the energy and resources sector. John Holland is also a leading provider of services to the transport sector, with industry leading skills in railway construction,

operations and maintenance, aviation services and ports infrastructure and maintenance.

LEIGHTON CONTRACTORS, a wholly-owned subsidiary of Leighton Holdings Limited, is one of Australia's leading contracting and project development groups, with over $13 billion work in hand and employing more than 14,000 people across Australia, New Zealand, Papua New Guinea and Africa. The company delivers projects for clients across the infrastructure, telecommunications, civil construction, industrial, energy, health and services sectors.

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ASX/Media Release

John Holland has been awarded the contract for the design and construction of the Ravenhall
Prison in Melbourne's west, in consortium with GEO, Honeywell and Capella Capital.
The project involves the design, construction, finance, operation (25 years) and maintenance of a prison for 1000 medium security male prisoners and the design, construction, finance and maintenance of a Statewide Services Building. John Holland's revenue from the contract is estimated to be $650 million.
Leighton Holdings Executive Chairman and Chief Executive Officer Marcelino Fernández Verdes said: "In line with the Federal Government's commitment to fund new infrastructure in coming years, State governments and private sector investors are committing to civil and social infrastructure that meets the needs of their local communities and we are proud to be assisting with this investment. Much of this total infrastructure growth is expected to be funded by PPPs - around $50 billion in PPP projects are expected to commence by 20201 - providing
opportunities for the Group as equity participant, contractor and asset manager."
John Holland Managing Director Glenn Palin said there would be significant benefits for the local community.
Mr Palin said: "The Ravenhall Prison project will employ more than 700 people during peak construction periods, including staff, workforce and subcontractors. This involves a target of 4% Indigenous employment. Economic benefits will also extend to local suppliers."
Construction is scheduled to commence in early 2015 and is scheduled for completion in late
2017. ENDS

MS NICOLA MITCHELL, External Communications Manager John Holland T 0402 398 545
MS JANET PAYNE, Group Manager Investor Relations Leighton Holdings T+61 2 9925 6121
MS FIONA TYNDALL, Group Manager Media Relations Leighton Holdings T+61 2 9925 6188

LEIGHTON HOLDINGS LIMITED, founded in Australia in 1949, is the parent company of the Leighton Group, one of the world's leading international contractors. The Group is also the world's largest contract miner. Listed on the Australian Stock Exchange since 1962, Leighton Holdings has its head office in Sydney, Australia. Leighton Holdings owns and operates through a number of operating companies: Leighton Contractors; Thiess; John Holland; Leighton Asia, India and Offshore; and Leighton Properties. The Leighton Group also has a 45% investment in the Habtoor Leighton Group (HLG). These companies provide development, construction, contract mining, and operation and maintenance services to the infrastructure, resources and property markets. They operate in more than 20 countries throughout the Asia Pacific, the Middle East and Southern Africa. The Leighton Group directly employed approximately 52,100 people, as at 30 June 2014.

JOHN HOLLAND is one of Australia's leading engineering, contracting and services providers to the infrastructure, energy and resources and transport services sectors. Operating across Australia and in New Zealand, South East Asia and the Middle East, John Holland's business is driven by its collaborative approach to project delivery and its diversity of skills and capabilities.

1 Utilities and Infrastructure Market Update, March 2014, ANZ International & Institutional Bank

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John Holland's experience covers a wide range of contracting and services capabilities, from tunnelling, building and civil construction solutions in the infrastructure sector to the delivery of major water and environment, energy, minerals and industrial projects in the energy and resources sector. John Holland is also a leading provider of services to the transport sector, with industry leading skills in railway construction, operations and maintenance and ports infrastructure and maintenance.

John Holland's strength lies in its ability to deliver diverse, complex and challenging major projects, its partnership approach to client relationships and absolute commitment to people and careers. For over 65 years John Holland has played an important role in shaping the landscape of many communities. Our reputation for building iconic infrastructure both in Australia and internationally is at the forefront of our industry.

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