Outcome of Supreme Court proceedings
Media/ASX and NZX Release
20 March 2018
OUTCOME OF SUPREME COURT PROCEEDINGS
Downer EDI Limited (Downer) today announced that it has received the decision of the New South
Wales Supreme Court in respect of a claim commenced by Downer against John Holland Pty Ltd
and others.
Downer’s claim was not successful.
The claim related to the identification of ground subsidence at some locations within the Waratah
Train Maintenance Centre located at Auburn and whether the drainage system provided by John
Holland Pty Ltd would last its contracted design life and was constructed correctly. John Holland
Pty Ltd was the design and construct subcontractor that delivered the facility for Downer. The claim
was disclosed as a contingent liability in Downer’s financial statements for the 2018 half year.
Downer is currently reviewing the decision to determine what steps, if any, it will take in relation to
the Court’s decision (including whether to appeal) and the pursuit of policies of insurance.
Downer has incurred legal and other costs of approximately $25 million which it had expected to
recover as part of the proceedings. As a result of the decision, these costs will be expensed as an
Individually Significant Item in the financial statements for the year ended 30 June 2018.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. Downer employs approximately 56,000 people across more
than 300 sites, primarily in Australia and New Zealand, but also in the Asia-Pacific region, South America
and Southern Africa. It also owns 88 per cent of Spotless Group Holdings Limited. For more information visit
downergroup.com.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNER
www.downergroup.com
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