Downer EDI Limited/Announcement
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Response to media speculation

M&A6 December 2020DOWIndustrials

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Media/ASX and NZX Release

7 December 2020

RESPONSE TO MEDIA SPECULATION

Downer EDI Limited (Downer) notes this morning’s media speculation regarding the potential sale

of its Open Cut Mining West business.


Downer has previously announced that it is seeking expressions of interest in the various parts of

its portfolio of Mining businesses. It has announced the sale of Downer Blasting Services, the

Snowden consulting business and its share of the RTL Mining and Earthworks joint venture while

also stating the company is in active discussions with a number of interested parties in relation to

the rest of the Mining portfolio.


Downer confirms it is in discussions with MACA Limited in relation to the sale of its Open Cut

Mining West business, however there is no certainty that a sale will result from these discussions.


Downer will continue to keep the market informed in relation to the sale of its Mining businesses.









Authorised for release by Downer’s Chief Executive Officer, Grant Fenn.


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. 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

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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