Infratil Infrastructure Bond Exchange Offer Closes

Infratil Limited today announced that following the successful Exchange Offer for its offer of 7½ year unsecured, unsubordinated, fixed rate infrastructure bonds maturing on 17 December 2031 (New Bonds) it has allocated $29,492,000 of New Bonds. The Exchange Offer has now closed. Combined with the Firm Offer issuance of $175,000,000 this takes the total Issue Amount to $204,492,000. A copy of the Final Terms Sheet for the New Bonds is attached. Arranger and Joint Lead Manager: Bank of New Zealand Joint Lead Managers: ANZ Bank New Zealand Limited Craigs Investment Partners Limited Forsyth Barr Limited Jarden Securities Limited Tom Robertson Infratil Treasurer Phone: +64 4 550 5432 Email: tom.robertson@infratil.com