Downer awarded gas services contract extension

DOWNER AWARDED GAS SERVICES CONTRACT EXTENSION Downer EDI Limited (Downer) announced today it had been awarded a five-year extension on its gas services contract with AusNet Services (AusNet) worth approximately $350 million. Commencing in April 2021, the contract extension will see Downer continue to provide operations, maintenance, capital works and 24/7 emergency response for AusNet's gas distribution network. The Chief Executive Officer of Downer, Grant Fenn, said Downer was the leader in end-to-end services and solutions for utility assets. "Downer has managed AusNet's entire gas distribution network since 2013 and we are pleased to be growing our long-term partnership. This extension demonstrates our ability to bring world-leading insights and solutions that deliver cost-effectiveness, safety, and reliability for our customers," Mr Fenn said. The gas services contract extension follows Downer's recent announcement that it had been selected by AusNet to provide operational and maintenance services for its entire electricity distribution network for a period of five years worth approximately $600 million. For further information please contact: Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145 End CA:00338897 For:DOW Type:GENERAL Time:2019-08-09 11:34:40