Lend Lease Founded: 1958 Type: Public Website: www.lendlease.com No of Employees: 10,001+ employees 2011 Sales: 12,195.

40 (Year Ending Jun-12) Headquarters: Level 4 30 the Bond 30 Hickson Road Millers Point, NSW 2000 Australia Competitors: Apartment Investment and Management Company Cushman & Wakefield, Inc. The Day & Zimmermann Group, Inc. About: Lend Lease Corporation Limited (Lend Lease) is an integrated property solutions provider with development, investment management, and project and construction management and asset and property management capabilities. The Company operates in three geographic regions: Asia Pacific, Europe and the Americas. Lend Lease operates in five business segments: Retail business, Communities business, Public Private Partnerships (PPP) business, Investment Management business and Project Management, Design and Construction business. Lend Lease will have a 25% direct interest in the project, with the remaining 75% to be owned by ARIF. On August 11 2011, Lend Lease Corporation Limited announced that IOOF Holdings Limited has ceased to be a substantial holder in the Company. In December 2011, the Company announced the sale of its 75% interest in the Chelmsford Meadows Unit Trust. Subsidiaries: Abigroup

In March 2011 Abigroup joined the Lend Lease infrastructure business which delivers market leading engineering solutions in the construction industry.

Baulderstone

is one of the largest Building and Engineering companies in Australia, with over 1400 people across the country.

Conneq

is an engineering, construction and asset management company, with a heritage reaching back more than 60 years in Australia. Conneq is part of the Lend Lease Group.

Key People: Stephen Barry McCann Group Chief Executive Officer, Managing Director, Executive Director Anthony Lombardo Group Chief Financial Officer

Outlook for FY12: Significant backlog, development pipeline and access to capital o Continued deal momentum. Capital requirements supported by third party equity. Focus on portfolio management. Emphasis on quality and consistency of execution. Secured positions will deliver growth over medium term o Accretion from infrastructure acquisition. Key development projects to deliver returns from 2ndhalf of financial year 2012

Strategy Analysis: Urban Regeneration: Leading urban renewal projects in Australia, UK and Singapore. Focus on delivery and execution. Infrastructure: Australia -significant opportunities from both public and private projects. Infrastructure acquisition provides further capability in the Australian engineering and infrastructure market. Sustainability: Recognized for leadership in sustainability. Continued focus on commercializing sustainability. Fund Growth Platform: Leading wholesale property platform in Australia. Continue to service our wholesale investor base. Targeted opportunities that meet investor appetite.

BPO Opportunity: Real Estate management Financial and accounting outsourcing Energy and sustainability management Engineering Services outsourcing