Lend Lease announced today that it has secured a contract with NSW Roads and Maritime Services for the Oxley Highway to Kundabung Pacific Highway upgrade project. The contract value is circa A$580 million.

The project includes the design and construction of 23km of upgrade works to the Pacific Highway, from the Oxley Highway interchange at Port Macquarie to Kundabung. The project includes major bridge crossings across the Hastings River and Wilson River.

Lend Lease Group Chief Executive Officer and Managing Director, Mr Steve McCann, said the contract was the third package of upgrade works on the Pacific Highway currently being undertaken by the company.

"We are proud to be appointed to deliver this important project for New South Wales. Lend Lease's portfolio of road construction projects now reaches across all mainland states in Australia, demonstrating our leading position in this industry," said Mr McCann.

ENDS

For further information, please contact:

Investors:
Suzanne Evans
Head of Investor Relations
Tel: 02 9236 6464
Mobile: 0407 165 254

Media:
Vivienne Bower
Group Head of Corporate Affairs
Investor Relations
Tel: 02 9277 2174
Mobile: 0431 487 025

Media:
Natalie Causley
External Communications Manager
Tel: 02 9236 6865
Mobile: 0410 838 914


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