HOCHTIEF : HLG awarded AED1.45 billion Jewel of the Creek Contract - Thiess secures Roy Hill SMPEI works mehr

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28.05.2014

HOCHTIEF Aktiengesellschaft Sitz der Gesellschaft: Essen, Registergericht: Essen HRB 279, USt-IdNR. DE 1198 171 25, StNr. 5112/5710/0012, Vorsitzender des Aufsichtsrates: Thomas Eichelmann; Vorstand: Marcelino Fernández Verdes (Vorsitzender),

Nikolaus Graf von Matuschka, José Ignacio Legorburo Escobar, Peter Sassenfeld

28 May 2014 HLG awarded AED1.45 billion Jewel of the Creek Contract

HLG has been awarded a AED1.45 billion (USD395 million) contract by Dubai Int ernational Real Estate
(DIRE) to deliver Package #8 of its Jewel of the Creek mixed‐use project in Port Saeed, Dubai, UAE.
This award forms a significant part of the AED3 billion Jewel of the Creek dev elopment, which HLG has worked on since 2012 when the Group was appointed to construct and comple te the substructure works for four basement levels and ground floor slabs on the waterside site between Al Maktoum Bridge, Baniyas Road and the Floating Bridge.
HLG CEO and Managing Director, Mr. José Antonio López‐Monís, said the contr act with DIRE is of great significance to HLG.
"We are pleased to have been selected as DIRE's contractor of choice, and are proud to continue our partnership with DIRE on this landmark project.
"The HLG team is looking forward to delivering Jewel of the Creek to DIRE's hig h standards," Mr Lopez‐
Monis added.
HLG's scope of works involves the construction and completion of:
- Five hospitality buildings ranging between 15 and 19 floors, featuring a hotel and serviced apartments;
- A ballroom, with an attached café;
- A marina, including four foot bridges and one vehicular bridge; and
- Hard and soft landscaping works.
H.E Khalil Al Sayegh of DIRE stated that this contract award was a major milesto ne for DIRE.
"We are confident that this landmark development will be a great success and we are pleased to again partner with HLG as our preferred contractor to deliver our innovative plans."
Construction works on Package #8 are scheduled to commence Q3, 2014 and co mpletion is targeted for
Q3, 2017.
ENDS

In Dubai:

Andy Abey
HLG
M: [phone] [e-mail]

HLG

HLG is one of the leading diversified international contractors in the Middle Eas t.
Providing leading diversified contracting services, HLG delivers high‐quality infr astructure and building capabilities for key clients across the region. The Group's strength is its ability t o develop innovative, practical solutions for its clients.
HLG is part of Australia's Leighton Group - one of the world's leading internatio nal contractors and the world's largest contract miner. The Leighton Group's major shareholder is HOC HTIEF from Germany - one of the world's leading providers of construction services. HOCHTIEF is majo rity owned by Spain's ACS Group - a world leader in infrastructure and building development for civil and engineering projects.
In addition to HLG's specialist building and infrastructure capabilities, through it s related international companies, HLG leverages Group‐wide expertise in rail, oil & gas, and mining.
Headquartered in the UAE, HLG has branch offices established in regions where the company has operations, including: Qatar, Oman, Riyadh, Jeddah and Kuwait.

28 May 2014

TH I E S S S E C U R E S R O Y H IL L S M P E I W O R K S

Thiess has been awarded a $330 million contract by Samsung C&T to construct the mine process plant facilities for the Roy Hill iron ore mine in Western Australia.

The contract includes construction of the structural, mechanical, piping, electrical and instrumentation works (SMPEI) which are being designed and supplied by Samsung.

Thiess Managing Director Bruce Munro said the contract signals a new relationship with Samsung

C&T.

"Thiess has established an industry-leading capability in SMPEI in the coal mining and CSG LNG

sectors and we're proud to further progress that capability with Samsung C&T in iron ore.

"We also have a long association with iron ore projects in the Pilbara and this contract represents a continuation with a new client," Mr Munro said.

Work is expected to commence onsite in July and generate up to 1000 jobs for approximately 14 months.

The Roy Hill deposit is located about 280 kilometres due south of Port Hedland.

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Media contact: Alex Smith 07 3002 9673, 0412 796 183 or email [e-mail]

With  an  annual  turnover  of  $6.5  billion  and  16,000  employees,  Thiess  is  Australia's  leading  and  most  trusted  construction,  mining  and  

services  contractor,  and  a  wholly  owned  subsidiary  of  Leighton  Holdings  Limited.