ISSU

E 2

THE LEIGHTON ASIA MAGAZINE 2010

2 3

Leighton established an office in Ulaanbaatar in 2007. Since that time the company’s mining experts have focused on establishing world-class commercially competitive mining operations at the Ukhaa Khudag and Khushuut mines that meet international best practices in production, training, safety and environmental management.

Contract for Khushuut Coal Mine

Leighton Asia was awarded an A$273 million, 6-year contract to develop and operate the Khushuut Coal Mine project in western Mongolia.

This is the second contract that Mongolia Energy Corporation (MEC) has awarded to Leighton Asia in western Mongolia. The contract is based on a mine plan which ramps up to an initial three million tonnes of coking coal per year and includes 48.5 million cubic metres of material movement and anticipated ramp up to 5 to 6 million tonnes or more of coking coal per year. Leighton Asia is responsible for all mining activities including load and haul of waste, load and haul of coal, drill and blast, mine planning, technical support, site camp management and catering services. Hamish Tyrwhitt,

managing director of Leighton Asia said, “This award represents an important milestone to our business in Mongolia bringing our total number of mines to three. Our work in hand at Leighton Asia has now reached a record level of A$6 billion.”

Mongolian trainers will be able to provide all of the simulator training within the next six months and this fact represents a number of the company’s core values. For example, the simulator is a great modern technological tool to assist the mining operations in many areas of the business. It provides a safe environment to train new operators to Leighton Asia’s high standards at a state-of-the-art training facility, the first of its kind in Mongolia. The simulator allows operators to train in extremely hazardous and high risk situations without actually exposing the operator or machine to the actual risk.

It also allows training for new equipment types prior to onsite commissioning and improves production and reduces mechanical issues and equipment damage. The simulator provides a world-class training facility new to Mongolia and is another great example where Leighton Asia is setting world-class standards and adding value to Mongolia’s mining industry. UHG Mine project manager Russell Taylor said, “The simulator will really allow our people to be empowered with their training, skills and knowledge. This will ultimately lead to improved performances in all areas of our business at the UHG Mine and enable us to maintain the highest levels of competency for our operators.”

Leighton Asia expands mining operations in MongoliaThe request to expand capacity is a result of Leighton Asia’ssuccess in developing an efficient, world class operation at the UHG Mine. The company’s strong working relationship with Energy Resources and the local communities in the South Gobi region will ensure the continued success of this project.

Mongolia’s first mine equipment training simulator

Leighton has recently procured and commissioned one of the world’s leading and most advanced equipment training simulators for the UHG Mine. The simulator is the first of its kind to ever be utilised in Mongolia, having the ability to safely and efficiently train operators on actual trucks and excavators currently utilised at the UHG Mine site, with the capability to train for CAT 785 and CAT 793 dump truck and the Liebherr 996 and 9250 excavators.

The simulator is ideal for training national employees in a safe and fun and proactive atmosphere whilst still being highly realistic. Leighton also had the simulator designed to embrace cultural differences - the on-screen display messages can be viewed in both Mongolian and English. It is envisaged that

Increase production at UHG

Leighton Asia recently secured an A$940 million contract adjustment to increase production at the Ukhaa Khudag (UHG) Coal Mine in southern Mongolia. Energy Resources LLC requested Leighton to expand the production capacity at UHG from current levels to 10 million tonnes per year by June 2011. Coal production commenced in April 2009 with total productionof 1.8 million tonnes in the year ended 31 December 2009. This request from Energy Resources LLC therefore represents a major increase in production.

2 3

Leighton established an office in Ulaanbaatar in 2007. Since that time the company’s mining experts have focused on establishing world-class commercially competitive mining operations at the Ukhaa Khudag and Khushuut mines that meet international best practices in production, training, safety and environmental management.

Contract for Khushuut Coal Mine

Leighton Asia was awarded an A$273 million, 6-year contract to develop and operate the Khushuut Coal Mine project in western Mongolia.

This is the second contract that Mongolia Energy Corporation (MEC) has awarded to Leighton Asia in western Mongolia. The contract is based on a mine plan which ramps up to an initial three million tonnes of coking coal per year and includes 48.5 million cubic metres of material movement and anticipated ramp up to 5 to 6 million tonnes or more of coking coal per year. Leighton Asia is responsible for all mining activities including load and haul of waste, load and haul of coal, drill and blast, mine planning, technical support, site camp management and catering services. Hamish Tyrwhitt,

managing director of Leighton Asia said, “This award represents an important milestone to our business in Mongolia bringing our total number of mines to three. Our work in hand at Leighton Asia has now reached a record level of A$6 billion.”

Mongolian trainers will be able to provide all of the simulator training within the next six months and this fact represents a number of the company’s core values. For example, the simulator is a great modern technological tool to assist the mining operations in many areas of the business. It provides a safe environment to train new operators to Leighton Asia’s high standards at a state-of-the-art training facility, the first of its kind in Mongolia. The simulator allows operators to train in extremely hazardous and high risk situations without actually exposing the operator or machine to the actual risk.

It also allows training for new equipment types prior to onsite commissioning and improves production and reduces mechanical issues and equipment damage. The simulator provides a world-class training facility new to Mongolia and is another great example where Leighton Asia is setting world-class standards and adding value to Mongolia’s mining industry. UHG Mine project manager Russell Taylor said, “The simulator will really allow our people to be empowered with their training, skills and knowledge. This will ultimately lead to improved performances in all areas of our business at the UHG Mine and enable us to maintain the highest levels of competency for our operators.”

Leighton Asia expands mining operations in MongoliaThe request to expand capacity is a result of Leighton Asia’ssuccess in developing an efficient, world class operation at the UHG Mine. The company’s strong working relationship with Energy Resources and the local communities in the South Gobi region will ensure the continued success of this project.

Mongolia’s first mine equipment training simulator

Leighton has recently procured and commissioned one of the world’s leading and most advanced equipment training simulators for the UHG Mine. The simulator is the first of its kind to ever be utilised in Mongolia, having the ability to safely and efficiently train operators on actual trucks and excavators currently utilised at the UHG Mine site, with the capability to train for CAT 785 and CAT 793 dump truck and the Liebherr 996 and 9250 excavators.

The simulator is ideal for training national employees in a safe and fun and proactive atmosphere whilst still being highly realistic. Leighton also had the simulator designed to embrace cultural differences - the on-screen display messages can be viewed in both Mongolian and English. It is envisaged that

Increase production at UHG

Leighton Asia recently secured an A$940 million contract adjustment to increase production at the Ukhaa Khudag (UHG) Coal Mine in southern Mongolia. Energy Resources LLC requested Leighton to expand the production capacity at UHG from current levels to 10 million tonnes per year by June 2011. Coal production commenced in April 2009 with total productionof 1.8 million tonnes in the year ended 31 December 2009. This request from Energy Resources LLC therefore represents a major increase in production.

4 5

Contents 2 Leighton Asia expands mining operations in Mongolia

4 Rugby Sevens Zuellig project on the rise

5 Leighton CEO meets with YPC Leighton team victorious in the Philippines

6 Bring Your Wife To Work Day Island visit for Social Club

8 Busy schedule at Ocean Park

9 Major contract for Express Rail Link Ceremony held for Zuellig Building

10 Leighton wins Tambang award Wahana celebrates at National Safety Day

11 Presidential visit at North Luzon Expressway

12 Leighton Asia signs gold mine contract at Toka Tindung

13 Wahana FM goes on air Lai Chi Kok project wins safety award

14 Wahana project achieved 4 million man-hours Leighton Holdings half year results

15 Site ceremony at North Lautau Hospital The MD’s foresight

Leighton team victoriousin the Philippines

Management and staff of Leighton Asia were in attendance

in March at the annual Hong Kong Sevens, considered the

premier tournament on the IRB Sevens World Series.

The company’s management enjoyed the games pitch-side

in the corporate box, whilst grateful Young Professional Club

After two months of games, Leighton’s Philippines team

emerged as the champion of the annual L.V. Locsin

Building Basketball Tournament which commenced

in December 2009.

The team was spearheaded by Dan Robles, captain, and was

comprised of head office based players Ludi Reyes,

Deomar Baruro, Sid Redulla, Francis Pramis, Lito Ceguerra,

Andy Atienza and Richard Pacecho. Also included

were project-based players Josh Ador, Chris Castillo,

Leonard Vidal, Arvin Cano, Toto Trinidad, Jun Jun Embrio

and Ron Ron Garcia. The team put up a brave fight which

It was a great day to start the year as Leighton sponsored

a golf event for the Zuellig executives and other business

partners. A celebration for a new year, new project,

camaraderie with new partners when Leighton - Zuellig

project held its kick-off in January at Manila Golf Club.

It was a great afternoon of golf and an excellent time

getting to know the client’s team out of the normal

work environment.

The event was participated by Mr. Michael Luna of

Bridgebury Realty, Arch. Willy Coscuella of W.V. Coscuella

and Associates, Atty. Salvador Medialvea, Mr. Alan Hearn

of DLS and Mr. Aki Aquino of CBRE.

Zuellig project on the rise

In March Young Professional Club (YPC) members of Leighton Asia in Hong Kong had the great honour to meet with Leighton Group CEO Mr. Wal King in an evening that was buzzing with excitement and anticipation.

Leighton CEO meets with YPC

It was the largest YPC event to date, with the event playing

host to 120 management and staff from both Leighton Asia

and Leighton Holdings. The evening commenced with

a welcoming speech by Raymond Kong, chairman of the

YPC and was followed by a presentation by Mr. King who

shared his thoughts on the global economy and the bright

outlook for the Leighton group of companies.

As well as providing motivation to the company’s young

professionals Mr. King instilled a sense of belonging to

all staff members as he encouraged them to strive for

excellence in their individual roles within the company.

YPC members appreciated that it is not often that staff have

the opportunity to relax with company executives in such an

informal setting and all present said they felt empowered by

the evening.

Hamish Tyrwhitt, managing director of Leighton Asia said,

“This is empowering because Mr. King encourages the idea

of management being involved with the staff and being able

to communicate effectively with them, so that company

employees are aware that their CEO cares about their input

and appreciates their work. Without doubt the staff would

like to have similar events in the future,” he concluded.

exemplifies the work hard and play hard culture of Leighton.

Their mettle will be tested again as they participate in this

year’s invitational basketball tournament.

Congratulations team Leighton. A job well done!

5

Rugby Sevens members from Leighton Asia’s Hong Kong operations,

who had been given tickets by the company, spread out

throughout the stadium. The sevens tournament is the

major highlight in the Hong Kong sporting calendar.

4 5

Contents 2 Leighton Asia expands mining operations in Mongolia

4 Rugby Sevens Zuellig project on the rise

5 Leighton CEO meets with YPC Leighton team victorious in the Philippines

6 Bring Your Wife To Work Day Island visit for Social Club

8 Busy schedule at Ocean Park

9 Major contract for Express Rail Link Ceremony held for Zuellig Building

10 Leighton wins Tambang award Wahana celebrates at National Safety Day

11 Presidential visit at North Luzon Expressway

12 Leighton Asia signs gold mine contract at Toka Tindung

13 Wahana FM goes on air Lai Chi Kok project wins safety award

14 Wahana project achieved 4 million man-hours Leighton Holdings half year results

15 Site ceremony at North Lautau Hospital The MD’s foresight

Leighton team victoriousin the Philippines

Management and staff of Leighton Asia were in attendance

in March at the annual Hong Kong Sevens, considered the

premier tournament on the IRB Sevens World Series.

The company’s management enjoyed the games pitch-side

in the corporate box, whilst grateful Young Professional Club

After two months of games, Leighton’s Philippines team

emerged as the champion of the annual L.V. Locsin

Building Basketball Tournament which commenced

in December 2009.

The team was spearheaded by Dan Robles, captain, and was

comprised of head office based players Ludi Reyes,

Deomar Baruro, Sid Redulla, Francis Pramis, Lito Ceguerra,

Andy Atienza and Richard Pacecho. Also included

were project-based players Josh Ador, Chris Castillo,

Leonard Vidal, Arvin Cano, Toto Trinidad, Jun Jun Embrio

and Ron Ron Garcia. The team put up a brave fight which

It was a great day to start the year as Leighton sponsored

a golf event for the Zuellig executives and other business

partners. A celebration for a new year, new project,

camaraderie with new partners when Leighton - Zuellig

project held its kick-off in January at Manila Golf Club.

It was a great afternoon of golf and an excellent time

getting to know the client’s team out of the normal

work environment.

The event was participated by Mr. Michael Luna of

Bridgebury Realty, Arch. Willy Coscuella of W.V. Coscuella

and Associates, Atty. Salvador Medialvea, Mr. Alan Hearn

of DLS and Mr. Aki Aquino of CBRE.

Zuellig project on the rise

In March Young Professional Club (YPC) members of Leighton Asia in Hong Kong had the great honour to meet with Leighton Group CEO Mr. Wal King in an evening that was buzzing with excitement and anticipation.

Leighton CEO meets with YPC

It was the largest YPC event to date, with the event playing

host to 120 management and staff from both Leighton Asia

and Leighton Holdings. The evening commenced with

a welcoming speech by Raymond Kong, chairman of the

YPC and was followed by a presentation by Mr. King who

shared his thoughts on the global economy and the bright

outlook for the Leighton group of companies.

As well as providing motivation to the company’s young

professionals Mr. King instilled a sense of belonging to

all staff members as he encouraged them to strive for

excellence in their individual roles within the company.

YPC members appreciated that it is not often that staff have

the opportunity to relax with company executives in such an

informal setting and all present said they felt empowered by

the evening.

Hamish Tyrwhitt, managing director of Leighton Asia said,

“This is empowering because Mr. King encourages the idea

of management being involved with the staff and being able

to communicate effectively with them, so that company

employees are aware that their CEO cares about their input

and appreciates their work. Without doubt the staff would

like to have similar events in the future,” he concluded.

exemplifies the work hard and play hard culture of Leighton.

Their mettle will be tested again as they participate in this

year’s invitational basketball tournament.

Congratulations team Leighton. A job well done!

5

Rugby Sevens members from Leighton Asia’s Hong Kong operations,

who had been given tickets by the company, spread out

throughout the stadium. The sevens tournament is the

major highlight in the Hong Kong sporting calendar.

6 7

At the end of March, Leighton Asia’s Social Club in Hong Kong organised a hike across Lamma Island as a way of promoting a healthy work life balance.

Island visit for Social Club

During the months of January and February each year the

Indonesian government expects all industries to hold activities

promoting good health, safety and environment standards

with National Safety Day falling on 12 January each year.

The national government’s expectations in this regard reflect

the ongoing efforts of Leighton Asia to promote incident

free workplaces in line with the company’s Strive for L·I·F·E

(Leighton Incident Free Environment) initiative.

understanding of the potential dangers associated with

working at a coal mining site.

Given the huge success of the inaugural Bring Your Wife

to Work Day, the Indonesian operations will now hold the

event on an annual basis ensuring that employees at the

Wahana Coal Mine will continue to Strive for L·I·F·E.

6 7

Bring Your Wife To Work DayAt the Wahana Coal Mine project a number of activities

are held and these include health and safety seminars and

a publication representing these issues, a campaign promoting

vigilance and awareness on site and awards for employees

demonstrating the best behaviours in regards to health and

safety issues. In 2010 a new event was held for the very first

time, Bawalah Istri Anda ke Tempat Kerja or Bring Your Wife

to Work Day.

All employees were encouraged to bring their partners and

children to site for a day of special activities with approximately

650 wives and partners and 200 children in attendance.

The underlying aim of this day was to help family members

understand how large the potential risk of the work

undertaken by the husbands is and many agreed that

this was the first time that they had gained a proper

For the day out the Social Club rented a boat to ferry

participants between the islands and twenty five staff

members from head office and site as well as family and

friends, left Central and toured around Victoria Harbour

before heading to Yung Shue Wan Village. Once at Lamma

the group walked across the island enjoying the beautiful

sunny weather en route to Sok Kwu Wan. The hike took

a little over two hours and when complete the group all

enjoyed a delicious and well earned seafood lunch before

re-boarding their boat and heading to Ping Chau for some

time to enjoy the lovely island’s peaceful way of life.

Upon returning to Central in the afternoon all members

of the hiking tour expressed that the day had been great

fun, as well as being a healthy respite from their busy

working lives.

6 7

At the end of March, Leighton Asia’s Social Club in Hong Kong organised a hike across Lamma Island as a way of promoting a healthy work life balance.

Island visit for Social Club

During the months of January and February each year the

Indonesian government expects all industries to hold activities

promoting good health, safety and environment standards

with National Safety Day falling on 12 January each year.

The national government’s expectations in this regard reflect

the ongoing efforts of Leighton Asia to promote incident

free workplaces in line with the company’s Strive for L·I·F·E

(Leighton Incident Free Environment) initiative.

understanding of the potential dangers associated with

working at a coal mining site.

Given the huge success of the inaugural Bring Your Wife

to Work Day, the Indonesian operations will now hold the

event on an annual basis ensuring that employees at the

Wahana Coal Mine will continue to Strive for L·I·F·E.

6 7

Bring Your Wife To Work DayAt the Wahana Coal Mine project a number of activities

are held and these include health and safety seminars and

a publication representing these issues, a campaign promoting

vigilance and awareness on site and awards for employees

demonstrating the best behaviours in regards to health and

safety issues. In 2010 a new event was held for the very first

time, Bawalah Istri Anda ke Tempat Kerja or Bring Your Wife

to Work Day.

All employees were encouraged to bring their partners and

children to site for a day of special activities with approximately

650 wives and partners and 200 children in attendance.

The underlying aim of this day was to help family members

understand how large the potential risk of the work

undertaken by the husbands is and many agreed that

this was the first time that they had gained a proper

For the day out the Social Club rented a boat to ferry

participants between the islands and twenty five staff

members from head office and site as well as family and

friends, left Central and toured around Victoria Harbour

before heading to Yung Shue Wan Village. Once at Lamma

the group walked across the island enjoying the beautiful

sunny weather en route to Sok Kwu Wan. The hike took

a little over two hours and when complete the group all

enjoyed a delicious and well earned seafood lunch before

re-boarding their boat and heading to Ping Chau for some

time to enjoy the lovely island’s peaceful way of life.

Upon returning to Central in the afternoon all members

of the hiking tour expressed that the day had been great

fun, as well as being a healthy respite from their busy

working lives.

8 9

In March the Ocean Park Entry Plaza, Aqua City and Grand Aquarium project celebrated its topping out milestone.

Scheduled for completion in the third quarter of 2011, the

Zuellig Building will be the first green office building in the

Philippines with a Leadership in Energy and Environmental

Design (LEED) Core and Shell Certification.

Designed with a traditional reinforced concrete frame

requiring some 56,000 cubic metres of concrete,

on 12 March the Zuellig Building project held a ceremony

to mark the commencement of the pouring of concrete

for the new 34-storey office building which is located

in the central business area of Makati City. The structural

concrete works are scheduled to top-out in March 2011.

The recent ceremony was attended by representatives

of the building’s owner, Bridgebury Realty Corporation,

members of the project management and consultant teams,

senior management of Leighton Asia, as well as project staff

of Leighton Asia’s Philippines operations, all in attendance

to demonstrate the collaborative commitment of the whole

project team in working together to successfully deliver the

project to the satisfaction of all stakeholders. Bridgebury

Realty Corporation director, Daniel Zuellig noted that the

Strive for L·I·F·E safety programme being implemented at the

Ceremony held for Zuellig Building

project was fully supported by the building owners and

that the green colour adapted for the programme signage

was both appropriate and aligned with the project’s target

for being the first green office building in the Philippines

with LEED certification.

Leighton Asia managing director, Hamish Tyrwhitt said,

“The Zuellig Building is a significant project for the growth

of our Philippines business and we are delighted to have

been given the opportunity to be part of a milestone

in the development of the Philippine business landscape.”

Busy schedule at Ocean Park

Leighton Asia has secured a US$417 million contract to construct the Tse Uk Tsuen to Shek Yam section of the Guangzhou – Shenzhen – Hong Kong Express Rail Link (XRL).

Major contract for Express Rail Link

The awarded Contract 822 includes the construction of

a 7.6 kilometre twin-track tunnel between Tse Uk Tsuen

and Shek Yam, ventilation and access adits, two ventilation

buildings and a ninety metre deep ventilation shaft. Contract

works commenced in March with scheduled completion

in 2015. Drill and blast techniques will be used for the

construction of the tunnels and the works will be

undertaken in co-operation with Macmahon Holdings.

Hamish Tyrwhitt, managing director of Leighton Asia said,

“Leighton is delighted to have been selected to construct

another part of Hong Kong’s rail network. The XRL

will provide the strategic link for Hong Kong to the

comprehensive high-speed rail network in mainland China.

Leighton is excited to play a key role in this effort to provide

a fast and convenient railway service to the communities

in Hong Kong that will connect to other mainland cities.”

Ocean Park Corporation chief executive Tom Mehrmann,

deputy chief executive Matthias Li, executive directors

Walter Kerr and Suzanne Gendron and members of their

project teams joined with Leighton Asia managing

director Hamish Tyrwhitt as well as Paul Freeman and

members of the Leighton project team.

The celebration was in recognition of the completion

of the structure on this challenging project. Dignitaries

marked the significance of the topping out by pouring

a total of 88 coral fish into a large fish tank to symbolise

the settlement of a variety of sea animals from around

the world into the Grand Aquarium at Ocean Park

in Hong Kong.

A few days before the topping out, the Ocean Park

project played host to the chief executive of Engineers

Australia, Peter Taylor who was accompanied by members

of the Hong Kong chapter. Their visit commenced with

a project presentation by project manager Darren Beasley

which included some interesting engineering solutions

that were crucial to Leighton Asia winning the project,

such as rebar optimisation and the aquarium life support

system. The presentation was followed by a safety

induction and site inspection.

The Engineers Australia visitors were impressed with

Leighton’s efforts on the Ocean Park project and thanked

the company for their continued support, wishing

Leighton well for the project’s completion.

The XRL is a cross boundary transport infrastructure project

which will provide high speed rail services between Hong

Kong and mainland China. The Hong Kong SAR government

has entrusted the design and construction of the XRL Hong

Kong section to the MTR Corporation Limited, who

themselves awarded Leighton a contract worth US$417

million for the construction of the tunnels and ventilation

buildings in the Tse Uk Tsuen to Shek Yam section of the

new rail link. The Hong Kong section of the XRL will run

underground for twenty six kilometres from the new

terminus to be built in West Kowloon to the boundary

crossing point at Huanggang, Shenzhen.

9

8 9

In March the Ocean Park Entry Plaza, Aqua City and Grand Aquarium project celebrated its topping out milestone.

Scheduled for completion in the third quarter of 2011, the

Zuellig Building will be the first green office building in the

Philippines with a Leadership in Energy and Environmental

Design (LEED) Core and Shell Certification.

Designed with a traditional reinforced concrete frame

requiring some 56,000 cubic metres of concrete,

on 12 March the Zuellig Building project held a ceremony

to mark the commencement of the pouring of concrete

for the new 34-storey office building which is located

in the central business area of Makati City. The structural

concrete works are scheduled to top-out in March 2011.

The recent ceremony was attended by representatives

of the building’s owner, Bridgebury Realty Corporation,

members of the project management and consultant teams,

senior management of Leighton Asia, as well as project staff

of Leighton Asia’s Philippines operations, all in attendance

to demonstrate the collaborative commitment of the whole

project team in working together to successfully deliver the

project to the satisfaction of all stakeholders. Bridgebury

Realty Corporation director, Daniel Zuellig noted that the

Strive for L·I·F·E safety programme being implemented at the

Ceremony held for Zuellig Building

project was fully supported by the building owners and

that the green colour adapted for the programme signage

was both appropriate and aligned with the project’s target

for being the first green office building in the Philippines

with LEED certification.

Leighton Asia managing director, Hamish Tyrwhitt said,

“The Zuellig Building is a significant project for the growth

of our Philippines business and we are delighted to have

been given the opportunity to be part of a milestone

in the development of the Philippine business landscape.”

Busy schedule at Ocean Park

Leighton Asia has secured a US$417 million contract to construct the Tse Uk Tsuen to Shek Yam section of the Guangzhou – Shenzhen – Hong Kong Express Rail Link (XRL).

Major contract for Express Rail Link

The awarded Contract 822 includes the construction of

a 7.6 kilometre twin-track tunnel between Tse Uk Tsuen

and Shek Yam, ventilation and access adits, two ventilation

buildings and a ninety metre deep ventilation shaft. Contract

works commenced in March with scheduled completion

in 2015. Drill and blast techniques will be used for the

construction of the tunnels and the works will be

undertaken in co-operation with Macmahon Holdings.

Hamish Tyrwhitt, managing director of Leighton Asia said,

“Leighton is delighted to have been selected to construct

another part of Hong Kong’s rail network. The XRL

will provide the strategic link for Hong Kong to the

comprehensive high-speed rail network in mainland China.

Leighton is excited to play a key role in this effort to provide

a fast and convenient railway service to the communities

in Hong Kong that will connect to other mainland cities.”

Ocean Park Corporation chief executive Tom Mehrmann,

deputy chief executive Matthias Li, executive directors

Walter Kerr and Suzanne Gendron and members of their

project teams joined with Leighton Asia managing

director Hamish Tyrwhitt as well as Paul Freeman and

members of the Leighton project team.

The celebration was in recognition of the completion

of the structure on this challenging project. Dignitaries

marked the significance of the topping out by pouring

a total of 88 coral fish into a large fish tank to symbolise

the settlement of a variety of sea animals from around

the world into the Grand Aquarium at Ocean Park

in Hong Kong.

A few days before the topping out, the Ocean Park

project played host to the chief executive of Engineers

Australia, Peter Taylor who was accompanied by members

of the Hong Kong chapter. Their visit commenced with

a project presentation by project manager Darren Beasley

which included some interesting engineering solutions

that were crucial to Leighton Asia winning the project,

such as rebar optimisation and the aquarium life support

system. The presentation was followed by a safety

induction and site inspection.

The Engineers Australia visitors were impressed with

Leighton’s efforts on the Ocean Park project and thanked

the company for their continued support, wishing

Leighton well for the project’s completion.

The XRL is a cross boundary transport infrastructure project

which will provide high speed rail services between Hong

Kong and mainland China. The Hong Kong SAR government

has entrusted the design and construction of the XRL Hong

Kong section to the MTR Corporation Limited, who

themselves awarded Leighton a contract worth US$417

million for the construction of the tunnels and ventilation

buildings in the Tse Uk Tsuen to Shek Yam section of the

new rail link. The Hong Kong section of the XRL will run

underground for twenty six kilometres from the new

terminus to be built in West Kowloon to the boundary

crossing point at Huanggang, Shenzhen.

9

10 11

In recognition of National Safety Day, held in Indonesia

annually on 12 January, a number of coal mining companies

in the South Kalimantan region joined together for a series

of competitions organised by PT. Arutmin Indonesia, to raise

awareness of the importance of safety issues on site.

The events were held at the Satui Coal Mining site and

were joined by Leighton’s Wahana team who came away

victorious in a number of competitions. These included

three first place finishes in the health, safety and

environment quiz, the fire and rescue challenge and

the housekeeping challenge. The Wahana team were also

third runners up of poster design competition. Leighton’s

management is proud of their team’s excellent results

Wahana celebrates at National Safety Day

preparing and submitting a submission paper providing

great detail with regarding their management approach,

HSE, CSR deliverables and most importantly company growth,

systems and general approach to stakeholders in Indonesia.

Ray Hodgson, president director, Indonesia said, “We are

delighted to receive this prestigious Tambang award, which

is a credit to all the employees and their hard work.”

“It is not an easy task to be recognised in the very

competitive contract mining sector in Indonesia and this

award acknowledged a solid performance from the team

and a solid foundation for the future, We are deeply

honoured to be recognised by such a panel of well

respected industry observers,”he said.

Leighton wins Tambang award

In May Leighton Asia’s Indonesian operations were

announced as recipients of a Tambang award best

mining service category. This is the first time that the

company has won a Tambang Award, widely acknowledged

as the biggest nationwide awards representing the mining

sector in Indonesia.

The Tambang awards recognise ten specific categories

related to the mining sector - best CEO in mining company,

best CEO in mining services, best mining engineer, best

CSR, best safety and health, best advance technology,

best royalty compliance, best environmental, best mining

practice, and best mining services company. The Leighton

team undertook extensive research, which included

in these competitions as a reminder of the need to Strive

for L·I·F·E at all Leighton projects throughout the region.

10

Presidential visit marks milestones at North Luzon Expressway

The North Luzon Expressway (NLEX) Phase 2 Segment 8.1

project site is located within Valenzuela City which starts at

the existing Mindandao Avenue and runs westward until it

intersects the North Luzon Expressway. The project involves

the construction of a 2.7 kilometre, 4-lane expressway, one

overpass, one cloverleaf interchange, a single toll place,

O & M facilities and associated ancillary works which

includes fences, traffic signage, pavement markings

and lighting.

Her Excellency President Gloria Macapagal-Arroyo visited several

C5 sites with Leighton’s North Luzon Expressway Phase 2

Segment 8.1 project being a highlight. The President was

very impressed with the intensity of site activity, quality and

size of Leighton equipment, personal protective equipment

of the workers which together made up an atmosphere

of professionalism throughout the site.

After a full length drive of the site, the president, along

with other government officials, stopped by at a Manila

North Tollways Corporation (MNTC) tent erected for

the occasion where Mr. Rod Franco from MNTC gave

an overview of the project and succeeding phases

leading up to the connection with the South Luzon

expressway. A highlight of the event was when the

president met one of Leighton workers on stage,

Mr. Gerald Pagaduan, a grader operator she had previously

met during the ground breaking in April 2009.

An earlier milestone was celebrated by Leighton in February

when NLEX Phase 2 – Segment 8.1 celebrated 1 million

man-hours without lost time injury. The event was attended

by MNTC president Rod Franco as well as Luigi Bautista and

Nemie Castillio and Leighton’s Manila-based head office

staff including operations manager Chris Holder and general

manager Boyd Merrett who presented a plaque of recognition

to the MNTC and the Leighton site team.

10 11

In recognition of National Safety Day, held in Indonesia

annually on 12 January, a number of coal mining companies

in the South Kalimantan region joined together for a series

of competitions organised by PT. Arutmin Indonesia, to raise

awareness of the importance of safety issues on site.

The events were held at the Satui Coal Mining site and

were joined by Leighton’s Wahana team who came away

victorious in a number of competitions. These included

three first place finishes in the health, safety and

environment quiz, the fire and rescue challenge and

the housekeeping challenge. The Wahana team were also

third runners up of poster design competition. Leighton’s

management is proud of their team’s excellent results

Wahana celebrates at National Safety Day

preparing and submitting a submission paper providing

great detail with regarding their management approach,

HSE, CSR deliverables and most importantly company growth,

systems and general approach to stakeholders in Indonesia.

Ray Hodgson, president director, Indonesia said, “We are

delighted to receive this prestigious Tambang award, which

is a credit to all the employees and their hard work.”

“It is not an easy task to be recognised in the very

competitive contract mining sector in Indonesia and this

award acknowledged a solid performance from the team

and a solid foundation for the future, We are deeply

honoured to be recognised by such a panel of well

respected industry observers,”he said.

Leighton wins Tambang award

In May Leighton Asia’s Indonesian operations were

announced as recipients of a Tambang award best

mining service category. This is the first time that the

company has won a Tambang Award, widely acknowledged

as the biggest nationwide awards representing the mining

sector in Indonesia.

The Tambang awards recognise ten specific categories

related to the mining sector - best CEO in mining company,

best CEO in mining services, best mining engineer, best

CSR, best safety and health, best advance technology,

best royalty compliance, best environmental, best mining

practice, and best mining services company. The Leighton

team undertook extensive research, which included

in these competitions as a reminder of the need to Strive

for L·I·F·E at all Leighton projects throughout the region.

10

Presidential visit marks milestones at North Luzon Expressway

The North Luzon Expressway (NLEX) Phase 2 Segment 8.1

project site is located within Valenzuela City which starts at

the existing Mindandao Avenue and runs westward until it

intersects the North Luzon Expressway. The project involves

the construction of a 2.7 kilometre, 4-lane expressway, one

overpass, one cloverleaf interchange, a single toll place,

O & M facilities and associated ancillary works which

includes fences, traffic signage, pavement markings

and lighting.

Her Excellency President Gloria Macapagal-Arroyo visited several

C5 sites with Leighton’s North Luzon Expressway Phase 2

Segment 8.1 project being a highlight. The President was

very impressed with the intensity of site activity, quality and

size of Leighton equipment, personal protective equipment

of the workers which together made up an atmosphere

of professionalism throughout the site.

After a full length drive of the site, the president, along

with other government officials, stopped by at a Manila

North Tollways Corporation (MNTC) tent erected for

the occasion where Mr. Rod Franco from MNTC gave

an overview of the project and succeeding phases

leading up to the connection with the South Luzon

expressway. A highlight of the event was when the

president met one of Leighton workers on stage,

Mr. Gerald Pagaduan, a grader operator she had previously

met during the ground breaking in April 2009.

An earlier milestone was celebrated by Leighton in February

when NLEX Phase 2 – Segment 8.1 celebrated 1 million

man-hours without lost time injury. The event was attended

by MNTC president Rod Franco as well as Luigi Bautista and

Nemie Castillio and Leighton’s Manila-based head office

staff including operations manager Chris Holder and general

manager Boyd Merrett who presented a plaque of recognition

to the MNTC and the Leighton site team.

12 13

Leighton Asia recently signed an addendum lifting a four year suspension of the Toka Tindung gold project in North Sulawesi, Indonesia.

of waste, selective mining and hauling of ore. Mobilisation

and initial civil works commenced in May and mining

operations are scheduled to start in July. When in operation,

the rate of production is expected to reach 2 million tonnes

of ore and 6 million bcm of waste per year. Leighton Asia

managing director Hamish Tyrwhitt said, “This award

represents an important milestone to our business in

Indonesia. We are currently working on three coal mines in

the country and the commencement of this project at Toka

Tindung has diversified Leighton into a new commodity.”

“Leighton Asia’s Indonesian operations were initially

established in the 1970’s. Throughout the years, our mining

professionals have thrived on providing world-class solutions

to our clients and this contract award solidifies our vision,

demonstrates our proven performance, strengthens our

longstanding relationship with our clients and reaffirms

our competitive position both in Indonesia and the region.”

12

In April Leighton launched an exciting new FM radio station

under the name Leighton Wahana FM Radio 24 hours Strive

for L·I·F·E. The aim of the station is to create an effective

communication medium between management and their

employees at the Wahana Coal Mine. In line with the company’s

core values the station also aims to contribute to a fun working

environment. In true Leighton style the twenty best employees

for the month of March were all given awards for their

exemplary efforts on site.

Those present at the launch included district leaders namely

the deputy of the Satui district, the Satui military area

commandant, the Satui deputy chief of police, the province

member of the Satui house of representatives, as well as

members representing local NGOs, banks, transportation services

and the head of the village from the Wahana Coal Mine project.

Wahana FM goes on air

Lai Chi Kok project wins safety awardThe Lai Chi Kok project recently won the Construction Sites

Housekeeping Meritorious Award presented by the Drainage

Services Department. Leighton is constructing a drainage tunnel

using a tunnel boring machine and related shafts to reduce

flood risk to the residents and businesses in the vicinity of the

project which is due for completion in 2012.

Malcolm Plummer, project director commented, “I was very

pleased to receive the award on behalf of the project team.

With the company’s focus on the elimination of Class 1

incidents through the Strive for L·I·F·E initiative, a high standard

of housekeeping goes hand-in-hand with managing the other

more serious risks associated with our project.”

Housekeeping is important on all Leighton projects. Good

housekeeping is often related to good safety performance

and is a key indicator of the level of safety that we see at

Leighton projects. Housekeeping takes on particular importance

in tunnelling projects and the team engaged at Lai Chi Kok

have demonstrated their commitment to the task as

recognised by this award.

Leighton Asia signs gold mine contract at Toka Tindung

Toka Tindung gold mine is located approximately

35 kilometres to the north east of Manado City and consists

of multiple pits, with one main pit to the north and four

smaller pits to the south. The resources at Toka Tindung

total 1.75 million ounces of gold of which 1.1 million

ounces will be mined over the contract term.

This new agreement allows Leighton to recommence works

on the A$125 million contract for the provision of mining

services for PT Meares Soputan Mining/PT Tambang Tondano

Nusajaya. Under this six-year contract, Leighton will provide

a range of services to the mine, including land clearing, civil

works, drilling, excavating, loading, hauling and dumping

12 13

Leighton Asia recently signed an addendum lifting a four year suspension of the Toka Tindung gold project in North Sulawesi, Indonesia.

of waste, selective mining and hauling of ore. Mobilisation

and initial civil works commenced in May and mining

operations are scheduled to start in July. When in operation,

the rate of production is expected to reach 2 million tonnes

of ore and 6 million bcm of waste per year. Leighton Asia

managing director Hamish Tyrwhitt said, “This award

represents an important milestone to our business in

Indonesia. We are currently working on three coal mines in

the country and the commencement of this project at Toka

Tindung has diversified Leighton into a new commodity.”

“Leighton Asia’s Indonesian operations were initially

established in the 1970’s. Throughout the years, our mining

professionals have thrived on providing world-class solutions

to our clients and this contract award solidifies our vision,

demonstrates our proven performance, strengthens our

longstanding relationship with our clients and reaffirms

our competitive position both in Indonesia and the region.”

12

In April Leighton launched an exciting new FM radio station

under the name Leighton Wahana FM Radio 24 hours Strive

for L·I·F·E. The aim of the station is to create an effective

communication medium between management and their

employees at the Wahana Coal Mine. In line with the company’s

core values the station also aims to contribute to a fun working

environment. In true Leighton style the twenty best employees

for the month of March were all given awards for their

exemplary efforts on site.

Those present at the launch included district leaders namely

the deputy of the Satui district, the Satui military area

commandant, the Satui deputy chief of police, the province

member of the Satui house of representatives, as well as

members representing local NGOs, banks, transportation services

and the head of the village from the Wahana Coal Mine project.

Wahana FM goes on air

Lai Chi Kok project wins safety awardThe Lai Chi Kok project recently won the Construction Sites

Housekeeping Meritorious Award presented by the Drainage

Services Department. Leighton is constructing a drainage tunnel

using a tunnel boring machine and related shafts to reduce

flood risk to the residents and businesses in the vicinity of the

project which is due for completion in 2012.

Malcolm Plummer, project director commented, “I was very

pleased to receive the award on behalf of the project team.

With the company’s focus on the elimination of Class 1

incidents through the Strive for L·I·F·E initiative, a high standard

of housekeeping goes hand-in-hand with managing the other

more serious risks associated with our project.”

Housekeeping is important on all Leighton projects. Good

housekeeping is often related to good safety performance

and is a key indicator of the level of safety that we see at

Leighton projects. Housekeeping takes on particular importance

in tunnelling projects and the team engaged at Lai Chi Kok

have demonstrated their commitment to the task as

recognised by this award.

Leighton Asia signs gold mine contract at Toka Tindung

Toka Tindung gold mine is located approximately

35 kilometres to the north east of Manado City and consists

of multiple pits, with one main pit to the north and four

smaller pits to the south. The resources at Toka Tindung

total 1.75 million ounces of gold of which 1.1 million

ounces will be mined over the contract term.

This new agreement allows Leighton to recommence works

on the A$125 million contract for the provision of mining

services for PT Meares Soputan Mining/PT Tambang Tondano

Nusajaya. Under this six-year contract, Leighton will provide

a range of services to the mine, including land clearing, civil

works, drilling, excavating, loading, hauling and dumping

14 15

A work hard play hard philosophy is acknowledged as

the key to a happy and healthy life. At Leighton Asia we

actively promote this concept as one of our core values,

by encouraging a fun, challenging and performance

driven culture that celebrates success, empowers people,

encourages team work and embraces cultural differences.

An excellent example of this was the launch in April

of Leighton Asia’s new FM radio station in Indonesia under

the name Leighton Wahana FM Radio 24 hours Strive for

L·I·F·E, established with the aim of creating an effective

communication medium between management and employees,

whilst also promoting a fun working environment.

Leighton Asia’s Social Club in Hong Kong recently

organised a hike on Lamma Island, further promoting the

emphasis on enjoying the healthier side of life. Staff, family

members and friends happily enjoyed the scenic views as

they trekked across the island. These and other examples

stand as testimony to the many benefits derived from

observing our values both at work and in life in general.

In terms of our general business operations I am very

pleased with recent developments in Mongolia with

the award of a 6-year contract to develop and operate

the Khushuut coal mine in the west of the country and

a significant contract adjustment at the UHG mine

in the south. We have also signed an addendum lifting

a 4-year suspension of the Toka Tindung gold project

in Indonesia. In Hong Kong, we have secured a contract

to construct the Tse Uk Tsuen to Shek Yam section

of the Guangzhou-Shenzhen-Hong Kong Xpress Rail Link.

These are significant milestones in the development

of Leighton Asia’s business.

We all aim to be happy, healthy and productive.

The combination of challenges, competition and

resulting success is the key to a positive, productive

and sustainable future.

Hamish Tyrwhitt

Managing Director

Leighton Asia

Leighton announces third quarter profits

In May, Leighton Holdings has announced a profit after tax

(unaudited) of A$400 million for the nine months to 31 March

2010 (versus A$220 million last year) from revenue of A$13.3

billion (versus A$13.7 billion last year). Leighton Holdings’

chief executive, Mr. Wal King, reported that the result

demonstrated the diversity of the Group’s contracting and

project development portfolio across its core markets of

infrastructure, resources and property in Australia, Asia

and the Middle East.

“These are strong results for the nine months which reflect

solid performances in mining and infrastructure, offsetting the

difficulties in property and the Middle East - particularly Dubai.

Our diversification strategy has helped sustain the business

through the worst of the global financial crisis (GFC) and, after

the residual GFC issues impacting property and the Middle

East subside, we see the growth in our core markets

continuing to strengthen,” said Mr. King.

“In Hong Kong, Leighton Asia secured a A$463 million

contract to construct the Tse Uk Tsuen to Shek Yam section

of the A$9 billion Guangzhou – Shenzhen – Hong Kong

Express Rail Link. The work includes the construction

of a 7.6 km twin-track tunnel, ventilation and access

passageways, two ventilation buildings and a 90m deep

ventilation shaft,” said Mr. King. “A joint venture including

Leighton Asia was awarded a A$245 million contract to design

and construct phase one of the new Tung Chung Hospital on

Lantau Island, Hong Kong.”

“In Southern Mongolia, Leighton Asia secured a A$940 million

contract adjustment to increase production at the Ukhaa

Khudag (UHG) coal mine which will ramp up production rates

from current levels to 10m tonnes per year by June 2011.

In North Sulawesi, Indonesia, Leighton Asia recommenced

a A$125 million contract at the Toka Tindung gold mine which

had been suspended pending government approvals,” he said.

“A sustained level of infrastructure spending over the

next decade, particularly on transport, water, power and

telecommunications projects, should continue to provide

a good level of construction opportunities for the Group’s

Australian based operating companies.

“Sustained demand from China and the rest of Asia for iron

ore and coal should drive increases in export volumes which

augers well for contract mining opportunities. Demand for

energy is also forecast to remain strong presenting the Group

with significant opportunities over the next few years to

undertake construction work on a number of Liquefied

Natural Gas and Coal Seam Methane projects,” he said.

“Asia is expected to continue to grow providing construction

and mining opportunities in our core markets of Hong Kong,

Indonesia, India and Mongolia. While Dubai is likely to remain

subdued for some time, the other markets of the Middle East,

underpinned by their oil and gas reserves, should continue to

support a good level of construction work.

“For the 2009/10 financial year the Group expects to report

full year revenue of around A$18.5 billion and net profit after

tax in excess of A$600 million. The final results for 2009/10

and dividend payments are, of course, subject to market

conditions,” said Mr. King.

14

Wahana project achieved 4 million man-hours

The Wahana Coal Mine project in South Kalimantan Indonesia

achieved a remarkable LTI free milestone in April when the

team passed 4 million man-hours without a lost time injury.

Phil Naughton, project director at Wahana thanked his team for

their efforts and encouraged them to strive for another new LTI

free record for the project. Everyone in the Leighton Asia team

is proud of this milestone and staff working throughout the

region will be motivated to continue contributing to the

company’s combined efforts to Strive for L·I·F·E.

Site ceremony at North Lautau HospitalLeighton Asia recently conducted a project commencement

ceremony at the site of North Lantau Hospital at Tung Chung,

Lantau Island in Hong Kong. Over 100 participants enjoyed

a sunny afternoon with a lively lion dance performance and

refreshments.

Honoured guests attending the ceremony included Leighton

Asia managing director Hamish Tyrwhitt, Business Unit 1

executive general manager Ian Edwards, Leighton Asia general

manager commercial Bob Cooke, Leighton Asia chief

financial officer Tony Jacobs, Business Unit 1 divisional

commercial manager, Bob Andrews, and Able Engineering

Co. Ltd. director, Mr. Ngai.

Leighton Asia, in a joint venture with Able Engineering Co Ltd,

has secured a A$245 million contract to design and

construct phase one of the new North Lantau Hospital.

The hospital is being developed by the Architectural Services

Department of the Government of HKSAR (ArchSD). Contract

works include the design and construction of the eight-storey,

160-bed hospital block together with associated building

services and external works, and a connecting road to link up

On Tung Street and Chui Kwan Drive.

Hamish Tyrwhitt, Leighton Asia’s managing director said,

“Leighton Asia has completed many significant public

building projects in Hong Kong and has a longstanding

working relationship with ArchSD. We value this relationship

and look forward to providing another important facility

for our community.”

14 15

A work hard play hard philosophy is acknowledged as

the key to a happy and healthy life. At Leighton Asia we

actively promote this concept as one of our core values,

by encouraging a fun, challenging and performance

driven culture that celebrates success, empowers people,

encourages team work and embraces cultural differences.

An excellent example of this was the launch in April

of Leighton Asia’s new FM radio station in Indonesia under

the name Leighton Wahana FM Radio 24 hours Strive for

L·I·F·E, established with the aim of creating an effective

communication medium between management and employees,

whilst also promoting a fun working environment.

Leighton Asia’s Social Club in Hong Kong recently

organised a hike on Lamma Island, further promoting the

emphasis on enjoying the healthier side of life. Staff, family

members and friends happily enjoyed the scenic views as

they trekked across the island. These and other examples

stand as testimony to the many benefits derived from

observing our values both at work and in life in general.

In terms of our general business operations I am very

pleased with recent developments in Mongolia with

the award of a 6-year contract to develop and operate

the Khushuut coal mine in the west of the country and

a significant contract adjustment at the UHG mine

in the south. We have also signed an addendum lifting

a 4-year suspension of the Toka Tindung gold project

in Indonesia. In Hong Kong, we have secured a contract

to construct the Tse Uk Tsuen to Shek Yam section

of the Guangzhou-Shenzhen-Hong Kong Xpress Rail Link.

These are significant milestones in the development

of Leighton Asia’s business.

We all aim to be happy, healthy and productive.

The combination of challenges, competition and

resulting success is the key to a positive, productive

and sustainable future.

Hamish Tyrwhitt

Managing Director

Leighton Asia

Leighton announces third quarter profits

In May, Leighton Holdings has announced a profit after tax

(unaudited) of A$400 million for the nine months to 31 March

2010 (versus A$220 million last year) from revenue of A$13.3

billion (versus A$13.7 billion last year). Leighton Holdings’

chief executive, Mr. Wal King, reported that the result

demonstrated the diversity of the Group’s contracting and

project development portfolio across its core markets of

infrastructure, resources and property in Australia, Asia

and the Middle East.

“These are strong results for the nine months which reflect

solid performances in mining and infrastructure, offsetting the

difficulties in property and the Middle East - particularly Dubai.

Our diversification strategy has helped sustain the business

through the worst of the global financial crisis (GFC) and, after

the residual GFC issues impacting property and the Middle

East subside, we see the growth in our core markets

continuing to strengthen,” said Mr. King.

“In Hong Kong, Leighton Asia secured a A$463 million

contract to construct the Tse Uk Tsuen to Shek Yam section

of the A$9 billion Guangzhou – Shenzhen – Hong Kong

Express Rail Link. The work includes the construction

of a 7.6 km twin-track tunnel, ventilation and access

passageways, two ventilation buildings and a 90m deep

ventilation shaft,” said Mr. King. “A joint venture including

Leighton Asia was awarded a A$245 million contract to design

and construct phase one of the new Tung Chung Hospital on

Lantau Island, Hong Kong.”

“In Southern Mongolia, Leighton Asia secured a A$940 million

contract adjustment to increase production at the Ukhaa

Khudag (UHG) coal mine which will ramp up production rates

from current levels to 10m tonnes per year by June 2011.

In North Sulawesi, Indonesia, Leighton Asia recommenced

a A$125 million contract at the Toka Tindung gold mine which

had been suspended pending government approvals,” he said.

“A sustained level of infrastructure spending over the

next decade, particularly on transport, water, power and

telecommunications projects, should continue to provide

a good level of construction opportunities for the Group’s

Australian based operating companies.

“Sustained demand from China and the rest of Asia for iron

ore and coal should drive increases in export volumes which

augers well for contract mining opportunities. Demand for

energy is also forecast to remain strong presenting the Group

with significant opportunities over the next few years to

undertake construction work on a number of Liquefied

Natural Gas and Coal Seam Methane projects,” he said.

“Asia is expected to continue to grow providing construction

and mining opportunities in our core markets of Hong Kong,

Indonesia, India and Mongolia. While Dubai is likely to remain

subdued for some time, the other markets of the Middle East,

underpinned by their oil and gas reserves, should continue to

support a good level of construction work.

“For the 2009/10 financial year the Group expects to report

full year revenue of around A$18.5 billion and net profit after

tax in excess of A$600 million. The final results for 2009/10

and dividend payments are, of course, subject to market

conditions,” said Mr. King.

14

Wahana project achieved 4 million man-hours

The Wahana Coal Mine project in South Kalimantan Indonesia

achieved a remarkable LTI free milestone in April when the

team passed 4 million man-hours without a lost time injury.

Phil Naughton, project director at Wahana thanked his team for

their efforts and encouraged them to strive for another new LTI

free record for the project. Everyone in the Leighton Asia team

is proud of this milestone and staff working throughout the

region will be motivated to continue contributing to the

company’s combined efforts to Strive for L·I·F·E.

Site ceremony at North Lautau HospitalLeighton Asia recently conducted a project commencement

ceremony at the site of North Lantau Hospital at Tung Chung,

Lantau Island in Hong Kong. Over 100 participants enjoyed

a sunny afternoon with a lively lion dance performance and

refreshments.

Honoured guests attending the ceremony included Leighton

Asia managing director Hamish Tyrwhitt, Business Unit 1

executive general manager Ian Edwards, Leighton Asia general

manager commercial Bob Cooke, Leighton Asia chief

financial officer Tony Jacobs, Business Unit 1 divisional

commercial manager, Bob Andrews, and Able Engineering

Co. Ltd. director, Mr. Ngai.

Leighton Asia, in a joint venture with Able Engineering Co Ltd,

has secured a A$245 million contract to design and

construct phase one of the new North Lantau Hospital.

The hospital is being developed by the Architectural Services

Department of the Government of HKSAR (ArchSD). Contract

works include the design and construction of the eight-storey,

160-bed hospital block together with associated building

services and external works, and a connecting road to link up

On Tung Street and Chui Kwan Drive.

Hamish Tyrwhitt, Leighton Asia’s managing director said,

“Leighton Asia has completed many significant public

building projects in Hong Kong and has a longstanding

working relationship with ArchSD. We value this relationship

and look forward to providing another important facility

for our community.”

16

This issue’s featured value is: Create a fun, challenging and performance driven culture

Our core values define our corporate culture and direct how we behave. The behaviours associated with this value are: celebrate success, empower people, encourage teamwork, embrace cultural differences and work hard play hard.

Our other core values are:n Act with integrity and fairness n Encourage innovation and technological leadership n Protect the environment n Recognise the needs of the community n Provide a safe and healthy workplace n Be commercially competitive

Leighton Asia Limitedwww.leightonasia.com