Sunday, 25 February 2018

Announcement

MKTUPDTE: DOW: Carmichael Coal Mine Update

18 Dec 2017 11:03NZX
CARMICHAEL COAL MINE UPDATE

Downer EDI Limited (Downer) refers to previous announcements in relation to
Letters of Award received from Adani Mining Pty Ltd (Adani) for the
Carmichael Coal Mine Project since 2014.

Adani Mining Pty Ltd (Adani) announced today it will progress its Carmichael
Coal Mine as an owner operator.

Adani and Downer have mutually agreed to cancel all Letters of Award relating
to the mine services and the related infrastructure. Downer will provide
transitional assistance to Adani until 31 March 2018.

The Chief Executive of Downer, Grant Fenn, said Downer remained committed to
growing its Mining division and continuing to deliver outstanding service for
its customers.
End CA:00312102 For:DOW    Type:MKTUPDTE   Time:2017-12-18 11:03:40
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