Brickworks : Building Products and Property Earnings Update Clarification

ASX ANNOUNCEMENT 05 September 2016 Building Products and Property Earnings Update

The purpose of this announcement is to clarify the following as outlined in the Company's ASX announcement on 30 August 2016:

• Brickworks re-affirms the trading update released on 9 June, with Building Products underlying EBIT for financial year 2016 to be significantly higher than the prior year and Land and Development underlying EBIT also set to increase.

• Statutory Net Profit After Tax will be subject to final equity accounted results from Washington H. Soul Pattinson, and total significant items.

• Total significant Items are expected to be in the range $62-66 million after tax, including those items outlined in the Company's ASX announcement on 30 August 2016.

• The asset carrying values of all other Brickworks cash-generating-units are supported by the net present values of their respective future cash flows.

Further details will be provided at Brickworks 2016 full year results announcement on 22 September 2016.

End Brickworks Limited was listed on the Australian Securities Exchange in 1962 and has paid a dividend every year since then. It has three Groups - Building Products, Land and Development and Investments. The Building Products Group includes Australia's largest bricks producer Austral Bricks™, Austral Masonry™, Bristile Roofing™, Austral Precast™ and Auswest Timbers™. The Land and Development operation maximises value from surplus land and redundant building products sites. Investments include a 42.72% holding in Washington H. Soul Pattinson & Company.

BRICKWORKS LIMITED (ASX CODE: BKW) www.brickworks.com.au

For further information:

Lindsay Partridge, Managing Director Tel: [phone]

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