Correction to Australian Financial Review Article

15 July 2008

Clough would like to confirm that contrary to the article in today’s Australian Financial Review it is in no way involved in the Hinchinbrook real estate portfolio in Queensland.

As previously announced, Clough Limited has taken the decision to exit its property business and to focus on its core engineering, construction and asset support businesses. John Tucker is no longer employed by Clough Limited and is pursuing property opportunities independently of the Clough Group through his privately owned property development consultancy, Twin Ocean Property Pty Ltd.

Ends

For further information, please contact:

John Smith, Chief Executive Officer +61 8 9281 9407
Gaye Gelok, Manager Communications & Marketing +61 8 9281 9451/0413 336 323

 

About Clough

Clough is a leading Australian based engineering, construction and asset support contractor providing full project life cycle solutions to its clients for capital projects, marine construction, fabrication, asset support and mining.