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Archive News print version

5 December 2007

Market speculation concerning potential transactions involving Lend Lease and Mirvac
We note the recent market speculation concerning potential transactions involving Lend Lease and Mirvac.

Lend Lease constantly evaluates alternatives to maximise shareholder value from its businesses and from time to time considers proposals from third parties which may achieve this result.

Consistent with this, Lend Lease confirms that it has over time held various discussions with Mirvac on a confidential basis.

There is no expectation or certainty that any transaction will result from these or any other discussions.

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