Monetisation Update Asciano has received a range of proposals from a number of parties in relation to its expanded monetisation process as set out in Asciano’s market announcement of 16 March 2009. These proposals include indicative offers for a range of different assets, together with a number of proposals relating to transactions that may result in a change of control and/or a recapitalisation of the Group. All of the proposals are conditional and non-binding. Asciano is currently evaluating the proposals and will proceed to select a smaller group of parties to complete further due diligence and provide final binding offers.