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LEI:John HollandWins$150M Contract Extension/WestNet Rail

Document date:  Thu 17 Jan 2002
Published:  Thu 17 Jan 2002 14:01:12
Document No:  254479
Document part:  A
Market Flag:  N
Classification:  Other

LEIGHTON HOLDINGS LIMITED                     2002-01-17  ASX-SIGNAL-G

HOMEX - Sydney                                                        

Please find attached a copy of a media release to be issued today by 
John Holland Group Pty Limited. John Holland Group Pty Limited is a 
70% owned subsidiary of Leighton Holdings Limited.

A J Moir


John Holland announced today that its Rail Division has been
appointed to provide Infrastructure Maintenance Services to WestNet
Rail for a further five-year term commencing on 16 February 2002. The
contract is valued at approximately $150m.

John Holland Rail Division has maintained the 4,000 km of narrow
gauge track for Westrail, the former Government owned operator, since
1996, and for WestNet since privatisation of the rail network in
December 2000. The extended contract incorporates both the standard
and narrow gauge networks, a total of 5,600 km of track.

Managing Director Bill Wild, said that John Holland was delighted to
be selected by WestNet for this expanded role.

"The contract extension reflects the strong relationship which has
developed between John Holland and WestNet Rail and our pre-eminent
position in the rail construction and maintenance industry in
Australia," he said.

WestNet Rail is owned by the Australian Railroad Group (ARG) an
equally-owned joint venture between Wesfarmers Limited and Genesee &
Wyoming Inc (GWI) of the United States. In December 2000 ARG acquired
the freight business of Westrail, purchasing all rolling stock,
customer contracts and a 49-year lease on Western Australia's rail

John Holland was established in 1949 and is one of Australia's best
known construction and engineering companies. It has a high profile
in the rail sector and is a member of the Consortium building the
Alice Springs to Darwin Railway. It is a leader in construction
contracting in the civil, building and mechanical engineering sectors
and over recent years has established a strong position in
telecommunications, defence and maintenance contracting.

For further information contact: Anne Fogarty
                                 John Holland Group
                                 03 9934 5231 or 0409 791 101