David Jurd – Managing Director, AbigroupIan Luck – Managing Director, BaulderstoneDavid Marchant – Managing Director, Conneq

Core Competencies and Growth Markets

Agenda

1. Abigroup core competency2. Peninsula Link update3. Abigroup growth markets

Abigroup core competency - roads

Market position One of the leading players in road sector Large earthmoving fleet and self performing

culture key competitive advantages in tendering for road projects

Current Major Projects A$1.95b Ipswich Motorway Upgrade Alliance

(Qld) - alliance A$1.65b Hunter Expressway (NSW) A$759m Peninsula Link (VIC)Opportunities A$275m M5 Widening (NSW) A$3b M5 East Duplication (NSW) A$400m Southern Expressway Duplication (SA)

3

Peninsula Link, Melbourne

Peninsula Link, VIC

Peninsula Link update

4

Qtr 1 2010

Qtr 2 2010

Qtr 3 2010

Qtr 4 2010

Qtr 1 2011

Qtr 2 2011

Qtr 3 2011

Qtr 4 2011

Qtr 1 2012

Qtr 2 2012

Qtr 3 2012

Qtr 4 2012

$0$50,000,000

$100,000,000$150,000,000$200,000,000$250,000,000$300,000,000$350,000,000$400,000,000$450,000,000$500,000,000$550,000,000$600,000,000$650,000,000$700,000,000

Peninsula Link - Independent Certified Progress

Actual IC Period Actual IC - Cum to dateFcast IC Progress Baseline IC - Cum to date

Project on time and budget Awarded February 2010, completion December 2012 Design 95% complete Peak monthly expenditure of A$25m achieved

Abigroup growth market - rail

Competitive advantages Ownership of plant and equipment Self performing culture Specialist skills

Current projects Lawson alliance (NSW) Pacific National (QLD)

Significant opportunities Regional rail link (VIC)

Package B – A$500m (40% JV) Package C – A$1b (40% JV) Package E – A$800m (50% JV)

A$100m – Pacific National, Greta (NSW) A$150m – Auburn stabling yard (NSW)

Mangoola Coal Rail Balloon Loop

5

Mangoola Coal Rail Bottom Loop, NSW