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3 December 2004

Appointment of New Directors and Chief Financial Officer
Lend Lease Corporation Limited today announced the following changes to the Board with effect from 10 December 2004:
the appointment of David Ryan as a Non Executive Director; and
the appointment of Adrian Chamberlain and Ross Taylor as Executive Directors.

In addition, Roger Burrows has been appointed Chief Financial Officer effective immediately.

Further details are included in the attached media statement.

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