capital raising on the cards, page-6

ASX ANNOUNCEMENT
Recent media reports have been published in relation to Transfield Services’ capital position.
Mr Anthony Shepherd Chairman of Transfield Services reiterated today his statement at the recent AGM that, given the current macro economic conditions, Transfield Services is reviewing capital management options. The Company has already announced a Dividend Reinvestment Plan to be implemented for the interim dividend. Shareholders will be provided with further information regarding the Plan in January 2009.
Mr Shepherd confirmed that Transfield Services has strong relationships with its banking partners and that the Company is operating within its covenants.
Mr Peter Watson, Managing Director & CEO of Transfield Services commented that as at 30 September the work-in-hand has grown to a record $11.4 billion (on a constant currency basis) through successfully securing a number of new contracts. Transfield Services has a strong diversified base across many regions and industry sectors.
- ends -
Media Enquiries
Investor Relations Enquiries
Liz Jurman Group General Manager Corporate Affairs Ph +61 2 9464 1694
David Slack-Smith General Manager Investor Relations Ph +61 2 9464 1019 Mb +61 403 289 130
Transfield Services delivers essential services to key industries in the Resources and Industrial, Infrastructure Services and Property and Facilities Management sectors. A leading global provider of operations, maintenance, and asset and project management services, Transfield Services has more than 29,000 employees in Australia, New Zealand, the United States, the United Arab Emirates, Qatar, New Caledonia, South East Asia, India, Chile and Canada. Transfield Services Limited is publicly listed in Australia and included in the S&P/ASX 100. www.transfieldservices.com Transfield