NDC Announcement

Issue Date:  13 July 2001
Issued By:  Leighton Holdings Limited

Company Announcements Office
The Australian Stock Exchange Limited
Level 4
20 Bridge Street
Sydney NSW 2000

Re: NDC Announcement

Dear Sir,

Following extensive discussions with Telstra for the acquisition of NDC, appropriate terms and conditions could not be agreed upon in respect of the commercial and strategic directions for NDC and consequently negotiations for the purchase of NDC have been terminated.

For confidentiality reasons no further comment can be made by Leighton Holdings Limited.

Yours faithfully,


A.J. MOIR
Company Secretary