Cardno Limited announced that the Board has terminated Mr. Andrew (Andy) Goodwin's contract as Chief Executive Officer and Managing Director of Cardno in relation to his failure to follow the lawful directions of the Board in respect of the recent issues relating to SMEC, effective immediately. The termination does not relate to any new evidence regarding the Australian Federal Police investigation into SMEC. The Board will immediately commence the search for a new Chief Executive Officer and Managing Director to take over from Mr. Goodwin in order to ensure that the transition is as seamless as possible.

Cardno's Chairman Mr. Michael Alscher will be responsible for the day-to-day operations of Cardno working with the senior management team, until further notice.