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Investor Presentaiton

Business Overview - Construction Phase • Construction is progressing ahead of the baseline programme - Work has started at the main drive sites three to five months ahead of the regulatory baseline The Millennium Pier at Blackfriars was relocated and a new pier opened for riverboats to the east of Blackfriars Station ACTON STORM TANKS Clay Sands Chalk 30m (approx) WEST CARNWATH ROAD RIVERSIDE KIRTLING STREET CHAMBERS WHARF ABBEY MILLS PUMPING STATION River Thames Contractor Accepted Baseline Programme START ON SITE MOBILISATION SHAFTS TUNNELLING TUNNEL SECONDARY LINING CONSTRUCTION COMPLETION SYSTEM COMMISSIONING PERIOD HANDOVER SYSTEM ACCEPTANCE PERIOD SYSTEM ACCEPTANCE 25km (approx) CENTRAL EAST 66m (approx) 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Contractors have commenced work ahead of schedule 7
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