BRADKEN

Monday, 21 November 2016

ASX Market Announcement Office ASX Limited

Level 4, Exchange Centre 20Bridge Street

SYDNEY NSW 2000

HITACHI CONSTRUCTION MACHINERY CO.,LTD'S TAKEOVERBID FOR BRADKEN - CANADIAN COMPETITION APPROVAL CONDITION SATISFIED

Bradken Limited (ASX:BKN)today advisesthat Hitachi Construction Machinery Co.,Ltd.(HCM)has received a letter from the Canadian Competition Bureau (CCB)stating that, on the basis of the information provided, the Commissioner of Competitiondoes not, at this time, intend to applyto the CompetitionTribunal under section92 of the CompetitionAct (Canada) in respect ofthe proposed acquisition by HCM ofa controllinginterest ofup to 100% in BradkenLimited. This satisfies the CCBclearance conditionto HCM's takeover offer.

The process to satisfy theother regulatoryapproval conditions coninues.

Formore information on thetakeover offerby HCM please the seethe Bidder's Statement and Target's Statements available onBradken's website atwww .bradken.com.

Steven Perry -Chief Financial Officer

Tel: +612 49268200

Fax: +612 49268201

Email: bradken@bradken.com

About Bradken

Bradken isa leadingsupplier of differentiatedconsumableand capital productstothe global resources, energy, and freightrail industries.TheCompany employs approximately3,100 people in20 manufacturing facilitiesand more than 41sales and service centres across Australia, NewZealand,USA,Canada,the UnitedKingdom,India, Indonesia, Malaysia,South Africa, South America and China. TheCompany which becamea publicly listedcompany in August2004 has been inbusiness for over 90 years and operatesthree market-focuseddivisions, supported bytwo global support functions.

For further information about Bradken,visit www.bradken.com

Bradken Limited (ABN33108 693009) BRADKEN®I

20 Mcintosh DriveMayfield West NSW2304 Australia PO Box 105Waratah NSW 2298Australia

Bradken Limited published this content on 21 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 November 2016 20:08:18 UTC.

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