Leighton Holdings Limited (“Leighton”) has paid a total of $300,000 after The Australian Securities and Investments Commission (“ASIC”) served three infringement notices alleging the company had not complied with the continuous disclosure provisions of the Corporations Act 2001 and relevant provisions of the Australian Securities Exchange (“ASX”) Listing Rules. In addition, ASIC has accepted an enforceable undertaking (EU) from Leighton which commits the company to reviewing its disclosure practices. The infringement notices were issued following an investigation by ASIC into the matters in an announcement Leighton made to the market on 11 April 2011, in which Leighton announced a write down of $907 million to its profit forecast. The alleged continuous disclosure breaches related to information concerning Leighton’s Airport Link project, its Victorian Desalination project and its investment in the Al Habtoor Leighton Group that were not immediately notified to the ASX.