21 November 2014
Lend Lease announces that the Capital Reallocation approved at its Annual General
Meeting held 14 November 2014 was implemented today in accordance with the process set out in the explanatory statement sent to securityholders with the Notice of Meetings. The Capital Reallocation was implemented by way of a reduction of capital of Lend Lease Corporation and a compulsory application of the proceeds of that reduction of capital to Lend Lease Trust.
Lend Lease anticipates the Australian Taxation Office will publish a Class Ruling after implementation of the Capital Reallocation, as foreshadowed in the Tax Letter from PricewaterhouseCoopers contained in the explanatory statement. Lend Lease will make this Class Ruling available on its website at www.lendlease.com.
Vivienne Bower Suzanne Evans
Group Head of Corporate Affairs and Investor Relations Head of Investor Relations
Tel: 02 9277 2174 Tel: 02 9236 6464
Level 4, 30 The Bond Telephone +61 2 9236 6111
30 Hickson Road Facsimile +61 2 9252 2192
Millers Point NSW 2000 www.lendlease.com
Australia
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