9 April 2014

ASX Market Announcements

Australian Securities Exchange Limited

Level 4

20 Bridge Street

SYDNEY NSW 2000

Re: Qatar settlements for the Habtoor Leighton Group

VanessaRees

Group Company Secretary

LeightonHoldingsLimited

ABN 57 004 482 982

472 Pacific Highway

St Leonards NSW 2065 Australia

PO Box 1002

Crows Nest NSW 1585, Australia

www.leighton.com.au

T (02) 9925 6666

F (02) 9925 6005

Please be advised that the Habtoor Leighton Group (HLG), our 45 per cent owned associate headquartered in the Middle East, has reached an amicable agreement in relation to the outstanding monies owed by a Qatar based client.
The agreement includes the return of all the liquidated bonds which were called during May to July 2013 and agreement on the contract values for the associated completed and ongoing projects.
The client has paid approximately 40% of the outstanding monies on the signing of
the agreement and will pay a further 20% over the next few weeks. The balance of the remaining monies owing will be repaid over the next 18 months following handover of the remaining projects to the client.
The agreement is materially in line with HLG's anticipated financial result for the projects and significantly reduces the risk exposure of HLG to Leighton. This is a positive result for HLG and Leighton Holdings Limited.

Yours faithfully

LEIGHTON HOLDINGS LIMITED

VANESSA REES

Group Company Secretary

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