LENDLEASE GROUP - Director's Dealing 2007

3 December 2007

The Manager The Manager Companies Section Companies Section Australian Stock Exchange Limited New Zealand Exchange Limited

Pages: Three (3) pages

Dear Sir

Re: Stock Exchange Announcement Appendix 3Y – Change of Director’s Interest Notice

Please find attached Appendix 3Y (Change of Director’s Interest Notice) for Mr R H Taylor in relation to shares acquired pursuant to the Company’s employee share acquisition plan.

Yours faithfully

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S J SHARPE

Company Secretary

Lend Lease Corporation Limited ABN 32 000 226 228 Facsimile Level 4, 30 The Bond www.lendlease.com 30 Hickson Road Millers Point NSW 2000 Australia

Telephone +612 9236 6111 +612 9252 2192

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	LEND LEASE CORPORATION LIMITED
ABN	32 000 226 228

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	ROSS HAROLD TAYLOR
Date of last notice	1 NOVEMBER 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct or indirect interest	Direct or indirect interest	DIRECT	INDIRECT	INDIRECT
Nature of indirect interest(includingregisteredholder)Note:Providedetailsofthecircumstances giving rise to therelevant interest.			N/A	LL EMPLOYEE HOLDINGSCUSTODIAN PTY LIMITED(EMPLOYEE SHAREACQUISITION PLAN)
	Date of cha	nge	N/A	30	NOVEMBER 2007

No. of securities held priorto change	No. of secut h	rities held prior	94,167 ORDINARY SHARES	95,1CO	74 VESTED LEND LEASERPORATIONLIMITED
	o cange			SH	ARES IN THE LEND LEASE
				EM	PLOYEESHARE
				AC286	UISITION PLAN,699UNVESTEDLEND
				LEASECORPORATIONLIMITEDSHARESINTHELENDLEASEEMPLOYEESHARE ACQUISITION PLAN
Class			ORDINARY SHARES	ORDINARY SHARES
Number acquired			NIL	147
Number disposed			NIL	NIL
Value/ConsiderationNote: If consideration is non-cash,providedetailsandestimatedvaluation			N/A	$19.20 PER SHARE

See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after	94,167 ORDINARY SHARES	95,321 VESTED LEND LEASE
change		CORPORATIONLIMITED
		SHARES IN THE LEND LEASE
		EMPLOYEESHARE
		ACQUISITION PLAN
		286,699UNVESTEDLEND
		LEASECORPORATION
		LIMITEDSHARESINTHE
		LENDLEASEEMPLOYEE
		SHARE ACQUISITION PLAN
Nature of change	N/A	ON MARKET SHARE PLAN
Example: on-market trade, off-market		ACQUISITION
trade, exercise of options, issue of
securities under dividend reinvestment
plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to	N/A
which interest related prior to
change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	N/A

See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

AI assistant

LENDLEASE GROUP Director's Dealing 2007

65243_rns_2007-12-02_8c05d990-d1f0-4e52-8932-7620caea22b4.pdf

Re: Stock Exchange Announcement Appendix 3Y – Change of Director’s Interest Notice

S J SHARPE

Appendix 3Y

Change of Director’s Interest Notice

Part 1 - Change of director’s relevant interests in securities

Part 2 – Change of director’s interests in contracts

AI assistant

LENDLEASE GROUP — Director's Dealing 2007

65243_rns_2007-12-02_8c05d990-d1f0-4e52-8932-7620caea22b4.pdf

Re: Stock Exchange Announcement Appendix 3Y – Change of Director’s Interest Notice

S J SHARPE

Appendix 3Y

Change of Director’s Interest Notice

Part 1 - Change of director’s relevant interests in securities

Part 2 – Change of director’s interests in contracts

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