Downer completes transition of underground services
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Media/ASX and NZX Release
4 March 2021
DOWNER COMPLETES TRANSITION OF UNDERGROUND SERVICES
Downer EDI Limited (Downer) announced today that it had completed the transition of
underground mining services at OZ Minerals’ Carrapateena mine to Byrnecut Australia.
As announced on 20 January 2021, the transition included the transfer of equipment from Downer
to Byrnecut.
Downer confirms it has received $56 million (representing book value) for the sale of plant and
equipment and, when combined with the unwinding of working capital, the proceeds to Downer will
total approximately $70 million.
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
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