Downer completes sale of Downer Blasting Services

DOWNER COMPLETES SALE OF DOWNER BLASTING SERVICES Downer EDI Limited (Downer) announced today it had completed the sale of Downer Blasting Services to Enaex S.A. a subsidiary of Sigdo Koppers Group. As announced on 18 November 2020, the sale price represents an enterprise value of $62 million. Authorised for release by Downer's Chief Executive Officer, Grant Fenn. For further information please contact: Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145 End CA:00368419 For:DOW Type:GENERAL Time:2021-03-02 08:30:08