afe28cbc-a749-4019-8c07-e322ec9a6464.pdf Lendlease Announces New Leadership in Development Project Management (New York, NY, March 31, 2016) - Lendlease, one of the world's largest international property and infrastructure providers, is pleased to announce the promotion of Joseph Maraia to Executive General Manager - Development Project Management, effective immediately, reporting to Jeffrey L. Arfsten, Americas Chief Operating Officer (COO) for Construction.

Mr. Maraia assumes responsibility for leading the newly created Americas Construction Development Project Management team, which is focused bridging the gap between the Americas construction and development businesses and working through the early steps of acquisition, design, project management and cost planning. In addition, the team will focus on enhancing the Americas design/build skills across the portfolio.

"Joe is an industry leader with a proven track record of delivering high-quality service to his clients. Throughout his career at Lendlease he has held numerous management positions with escalating responsibilities in the construction business," said Jeff Arfsten, COO, Construction. "His track-record of success of providing our healthcare clients with design-assist and design-build options makes him the ideal candidate to lead our Development Project Management team."

Previously, Mr. Maraia served as the Principal-in-Charge responsible for overall leadership of the New York Healthcare business. He has over 30 years of comprehensive construction management experience during which he has supervised and managed a wide range of healthcare projects in the New York Metropolitan area. His specialty is bringing large scale, logistically complex, multi-phased programs - requiring the coordination of several team members and numerous trades - from preconstruction to construction.

Mr. Maraia received a Bachelor of Science degree in Mechanical Engineering from Columbia University; professional licenses and certifications include ASHE Healthcare Construction certification and Journeyman Electrician in the State of New York.

For additional information, contact:

John DeLibero

Director of Public Relations 212 592 6895

John.delibero@lendlease.com

About Lendlease:

Lendlease is a leading international property and infrastructure group. Listed on the Australian Securities Exchange and with circa 12,400 (June 2015) employees worldwide, Lendlease's capabilities span the property value chain.

Lendlease has a global development pipeline of $44.9 billion, including developing Barangaroo, the largest development project in Sydney's history. In the Americas, Lendlease has made significant progress in establishing its world class development capabilities and growing the urban regeneration business, with over $2.4 billion currently in development, including Clippership Wharf in Boston, Riverline in Chicago and 281 Fifth Avenue in Manhattan, NY.

The Americas region, headquartered in New York, offers project management & construction, public partnerships, development, asset and property management. Our expertise covers multiple sectors including arts & culture, commercial office, education, energy, government, healthcare, hotels & resorts, industrial, military housing communities, mixed-use, multi-site, pharmaceutical, senior living, telecommunications, transportation and aviation and urban regeneration.

We are committed to operating Incident & Injury Free wherever we have a presence, safely creating innovative and sustainable property solutions while forging partnerships and delivering maximum benefits to clients, investors and communities.

www.lendlease.com

Lend Lease Group issued this content on 31 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 April 2016 04:54:30 UTC

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