Leighton Holdings Limited announces that it has entered into a conditional agreement to settle the shareholder class action brought against it in relation to the 11 April 2011 disclosure of a revision of its profit forecast for the 2011 Financial Year. The claim was commenced by Inabu Pty Ltd. The class comprises shareholders who purchased shares in the period from 16 August 2010 to 11 April 2011. Under the terms of the settlement, Leighton Holdings will pay $65.55 million (plus costs). The settlement will have no material impact on earnings or profit forecasts. Leighton Holdings’ CEO, Mr Marcelino Fernández Verdes, said: “Whilst we continue to deny the claim, the decision to settle the class action was a commercial one, taken in the interests of our shareholders.