Broadspectrum : Ninth Supplementary Bidder's Statement

Allens Arthur Robinson Ferrovial Services Australia Pty Ltd (ACN 609 542 556) Level 33, 101 Collins Street, Melbourne, Victoria, 3000

2 May 2016

The Manager

Company Announcements Office ASX Limited

Level 4

20 Bridge Street

Sydney NSW 2000

Dear Sir or Madam

Takeover Bid by Ferrovial Services Australia Pty Ltd (ACN 609 542 556) in relation to Broadspectrum Limited

On behalf of Ferrovial Services Australia Pty Limited, in accordance with section 647(3) of the Corporations Act 2001 (Cth), attached is a Ninth Supplementary Bidder's Statement dated 2 May 2016.

The Ninth Supplementary Bidder's Statement supplements and is to be read together with the replacement Bidder's Statement dated 23 December 2015 (which reflects the original Bidder's Statement dated 7 December 2015 as amended by the First Supplementary Bidder's Statement dated 23 December 2015), Second Supplementary Bidder's Statement dated 20 January 2016, Third Supplementary Bidder's Statement dated 27 January 2016, Fourth Supplementary Bidder's Statement dated 1 February 2016, Fifth Supplementary Bidder's Statement dated 9 February 2016, Sixth Supplementary Bidder's Statement dated 25 February 2016, Seventh Supplementary Bidder's Statement dated 10 March 2016 and Eighth Supplementary Bidder's Statement dated 6 April 2016.

A copy of the Ninth Supplementary Bidder's Statement was lodged with ASIC today. Yours faithfully

Kate Zorzi Company Secretary Ferrovial Services Australia Pty Ltd

Attach

awsp A0136058871v1 120461162 2.5.2016

This document is a supplementary bidder's statement dated 2 May 2016 under section 643 of the Corporations Act 2001 (Cth) (the Corporations Act). This is the ninth supplementary bidder's statement issued by Ferrovial Services Australia Pty Ltd (ACN 609 542 556) (Ferrovial) in relation to its takeover offer for Broadspectrum Limited (ABN 69 000 484 417) (Broadspectrum) dated 6 January 2016 (the Offer). It incorporates notices under sections 650F and 624(2) of the Corporations Act.

This supplementary bidder's statement (Ninth Supplementary Bidder's Statement) supplements and is to be read together with the Replacement Bidder's Statement dated 23 December 2015 (which reflects the Original Bidder's Statement dated 7 December 2015 as amended by the First Supplementary Bidder's Statement dated 23 December 2015), the Second Supplementary Bidder's Statement dated 20 January 2016, the Third Supplementary Bidder's Statement dated 27 January 2016, the Fourth Supplementary Bidder's Statement dated 1 February 2016, the Fifth Supplementary Bidder's Statement dated 9 February 2016, the Sixth Supplementary Bidder's Statement dated 26 February 2016, the Seventh Supplementary Bidder's Statement dated 10 March 2016, and the Eighth Supplementary Bidder's Statement dated 6 April 2016 given by Ferrovial to Broadspectrum (collectively the Bidder's Statement). This Ninth Supplementary Bidder's Statement will prevail to the extent to any inconsistency with the Bidder's Statement.

A copy of this Ninth Supplementary Bidder's Statement was lodged with ASIC on 2 May 2016. Neither ASIC nor any of its officers take any responsibility for the contents of this Ninth Supplementary Bidder's Statement. This Ninth Supplementary Bidder's Statement has been approved by a resolution passed by the directors of Ferrovial. Words and phrases defined in the Bidder's Statement have the same meaning in this Ninth Supplementary Bidder's Statement unless context requires otherwise.

Ferrovial reaches 59% of Broadspectrum

• More than 50% aggregate interest achieved

• Offer period automatically extended until 13 May 2016

• Ferrovial encourages all shareholders to accept the Offer

1. Ferrovial's Offer for Broadspectrum

   Ferrovial is pleased to announce that as at 7pm (Sydney time) on Friday 29 April 2016 it had received acceptances of its Offer and acceptance instructions under the Institutional Acceptance Facility ("IAF") for a total of 59% of Broadspectrum shares.

   The acquisition supports Ferrovial Services' entry into the Australian market by integrating a leading services company with a significant platform across various segments. Broadspectrum operates in Australia and other countries like USA, Canada and Chile, and in the energy, mining, telecommunications, social, property, defence and infrastructure maintenance markets.

   In relation to the provision of services at the regional processing centres in Nauru and Manus province, these services were not a core part of the acquisition rationale and valuation and it is not a strategic activity in Ferrovial's portfolio. Ferrovial's view is that this activity will not form part of its services offering in the future.

   Ferrovial welcomes the management team, and the rest of the employees of Broadspectrum, as part of the Ferrovial Group. Ferrovial thanks them for their efforts in the past, and invites them to be part of the future of Broadspectrum.

2. Offer declared unconditional

   Ferrovial gives notice under section 650F of the Corporations Act that Ferrovial has freed the Offer from the Defeating Condition contained in section 7.6(a) of the Bidder's Statement regarding minimum acceptance and that Ferrovial's voting power in Broadspectrum (excluding acceptance instructions held under the IAF) is 37.55%.1

   Accordingly, the Offer is no longer subject to any Defeating Conditions.

   1 For the purposes of section 650F of the Corporations Act, 'voting power' excludes acceptance instructions held under the IAF.

3. Offer Extension

   Ferrovial gives notice under section 624(2) of the Act (as modified by ASIC Class Order 13/521) that on Friday 29 April 2016, Ferrovial's voting power in Broadspectrum (including acceptance instructions held under the IAF) increased to more than 50%.2As this occurred within the last 7 days of the Offer Period, the Offer Period is automatically extended pursuant to section 624(2) of the Act (as modified by ASIC Class Order 13/521) so that the Offer remains open for acceptance until 7.00pm (Australian Eastern Standard Time) on 13 May 2016 (unless further extended in accordance with the Corporations Act).

   Ferrovial must obtain at least 90% of acceptances during the Offer Period to compulsorily acquire all shares in Broadspectrum and de-list Broadspectrum.

4. Accepting the Offer

Ferrovial believes that the offer of A$1.50 in cash, which has been recommended by the Board of Directors of Broadspectrum, is very attractive and encourages the remaining shareholders to accept. Set out below is a summary of how to accept the Offer. Full details are contained in section 7 of the Bidder's Statement which was sent to Broadspectrum shareholders in April 2016.

For Issuer Sponsored Holdings of Broadspectrum Shares (Securityholder Reference Number beginning with 'I'): To accept the Offer, complete the Acceptance Form sent to you with the Bidder's Statement in accordance with the instructions on the Acceptance Form and return it to the address specified on the Acceptance Form.

For CHESS Holdings of Broadspectrum Shares (Holder Identification Number beginning with 'X'): To accept the Offer, either contact your Controlling Participant (usually your broker) and instruct them to accept the Offer on your behalf, or complete the Acceptance Form sent to you with the Bidder's Statement in accordance with the instructions on the Acceptance Form and return it to the address specified on the Acceptance Form.

Please call the Offer Information Line on 1300 782 154 (within Australia) or [phone] (from outside Australia) if you require further instructions.

Yours sincerely

Santiago Olivares, Director SIGNED on behalf of Ferrovial Services Australia Pty Ltd Dated 2 May 2016

2 For the purposes of section 624(2) of the Act (as modified by ASIC Class Order 13/521) 'voting power' includes acceptance instructions held under the IAF.

2