╨╧рб▒с>■  +-■   *                                                                                                                                                                                                                                                                                                                                                                                                                                                ье┴7 Ё┐BbjbjUU %"7|7|B       lиииииии╝6666 B ╝<╢ZZZZZZZZ╗╜╜╜╜╜╜$Є vсиZZZZZсЖииZZЎЖЖЖZ иZиZ╗ЖZ╗ЖЬЖ"`Kии╗ZN └ ╫Яфm╞╝z6d"л╗ 0<│ИЖИ╗Ж╝╝ииии┘Wembley Progress Update 1st May 2006 In relation to the Wembley National Stadium project, Multiplex advises as follows: Substantial completion of ContractorТs works is anticipated by the end of June 2006, as noted in our March 2006 update. Substantial completion by the end of June will leave certain works and certain activities such as commissioning and cleaning to be completed after this date (refer to our earlier releases). Multiplex has formally advised its client, WNSL, that Multiplex is entitled to substantial and legitimate extensions of time under the terms of its construction contract which will extend the contract completion date until at least September 2006. Notwithstanding that it is MultiplexТs belief that it has until at least September to complete, Multiplex is targeting substantial completion by the end of June as noted above, although it is not anticipated to finish commissioning, cleaning and other works (referred to in the point above) until September 2006. There are a number of critical works and activities that are the responsibility of our client, and the timing of the completion of these works is under the control of our client. The date for the opening of the stadium and the hosting of the first event will ultimately be a matter for our client. No adjustments to the market guidance for Multiplex Group full year 2006 earnings flow from this Update. Other key progress highlights are as follows: The rafter in the northern roof which was affected in the incident in March 2006 is presently undergoing remedial works to secure it in its final position. We anticipate these works to be complete by the end of May. A total of 22 temporary trusses and 25 temporary roof towers have been removed to date. Removal of the remaining 2 temporary trusses and 2 roof towers is underway and expected to be complete in early May. The final two tower cranes are expected for demobilisation by early May and access to the bowl will be then restricted to small mobile cranes so as to not disrupt progress on laying the pitch. Works on the playing pitch are progressing well, with the final quarter of the playing pitch to be handed over in early May. The two large video screens have been installed and electrical connections are underway, with testing anticipated to be complete mid May. Final inspections and snagging are underway in more than half of the 161 corporate boxes. Final wall panels and carpet are being installed in a further 40 ready for final inspections in May. 84 of 113 main concourse toilet blocks have been completed to enable power on, commissioning and final inspections/snagging to progress. Construction of the small number of toilet blocks on Level S0 affected by the roof towers has now commenced. An update of the forecast completion sequence and site photographs will be made available in the next few days. 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