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    HOT   DE0006070006

HOCHTIEF AG

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HOCHTIEF : CIMIC's UGL wins $100m contract extension with Transport for NSW

09/14/2021 | 03:32am EDT

14 SEPTEMBER 2021 CIMIC'S UGL WINS $100M CONTRACT EXTENSION WITH TRANSPORT FOR NSW

CIMIC Group company UGL, as a member of the RailConnect NSW joint venture, has been awarded a contract extension by Transport for NSW to increase the size of the Mariyung Fleet, and install an additional transformer at the Maintenance Facility at Kangy Angy, on the NSW Central Coast.

The contract extension will generate revenue to UGL of more than $100 million.

RailConnect, which was selected to deliver the Mariyung Fleet in 2016, will now build and maintain an additional 56 passenger cars, increasing the total New Intercity Fleet to 610 carriages.

RailConnect has been delivering the fleet progressively since 2020. The joint venture commenced maintenance and asset management services to the fleet on delivery of the first train in December 2020 and will continue to provide maintenance and asset management services for a period of 15 years.

CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria said: "CIMIC and UGL are pleased to be expanding our delivery to the NSW Government of a fleet with advanced technology, comfort, convenience and reliability, and to be ensuring the ongoing performance of an effective, high-quality transport solution for commuters."

UGL Managing Director Doug Moss said: "We are proud to continue our long-standing partnership with Transport for NSW to maintain the next generation in passenger rail travel for the people of New South Wales."

The New Intercity Fleet project will replace trains carrying customers from Sydney to the Central Coast, Newcastle, the Blue Mountains and South Coast. The fleet of double deck trains will offer long distance customers a more enjoyable travelling experience, providing comfortable seating, improved accessibility, and enhanced commuter amenities, including Wi-Fi.

ENDS

Issued by CIMIC Group Limited ABN 57 004 482 982 www.cimic.com.au Authorised by the CIMIC Group Continuous Disclosure Committee

Contacts

Mr Justin Grogan, Investor Relations T+61 2 9925 6628

Ms Fiona Tyndall, Communications T+61 2 9925 6188

CIMIC Group (ASX:CIM) is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects. CIMIC Group comprises our construction businesses CPB Contractors, Leighton Asia and Broad, our mining and mineral processing companies Thiess (joint control) and Sedgman, our services specialist UGL and our public private partnerships arm Pacific Partnerships - all supported by our in-house engineering consultancy EIC Activities. Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and around 31,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 200 index, the Dow Jones Sustainability Australia Index and FTSE4Good.

Disclaimer

Hochtief AG published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 07:31:08 UTC.


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