Leighton : Thiesss renews NBN contract

ASX/Media Release

Thiess, incorporating Silcar has agreed a significant contract amendment and extension with NBN Co for installation, activation and maintenance of home and business premise connections to the National Broadband Network.
With estimated forecast revenues of up to $183 million, the contract is for an initial two years with an option exercisable by NBN Co for a one year extension.
Under the contract the main scope for work is to connect customer premises to the National
Broadband Network in Queensland, New South Wales and the ACT.
Leighton Holdings Executive Chairman and Chief Executive Officer Marcelino Fernández Verdes said the contract recognises the important part the Leighton Group has in rolling out this nation- building project.
Mr Fernández Verdes said: "Thiess' services business has a range of operations, maintenance, facilities and asset management services and the strengthening of the relationship with NBN Co illustrates our cutting edge role in telecommunications."
Thiess Managing Director Bruce Munro said: "Thiess' services business will now be connecting up to an estimated 170,000 premises per year to the NBN under this Field Services contract alone."
Works covered by the contract include:

 connecting homes and businesses with fibre optic cable from the street;

 installing NBN Connection boxes and power supplies;

 wiring connection sockets inside homes;

 providing service activation of end user customers; and

 equipment repairs and service assurance calls to NBN connected homes.

The new contract expands and varies the existing Field Services Delivery contract which was due to expire in September 2014.
ENDS

MR ALEX SMITH, Thiess Group Media Manager T +61 7 3002 9673, M 0412 796 183, E
asmith1@thiess.com.au
MS JANET PAYNE, Leighton Holdings Group Manager Investor Relations T+61 2 9925 6121
MS FIONA TYNDALL, Leighton Holdings Group Manager Media Relations 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. 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.

distributed by