Infratil Infrastructure Bond Exchange Offer Closes

Infratil Limited today announced that following the successful Exchange Offer for its offer of 6 year unsecured, unsubordinated, fixed rate infrastructure bonds that mature on 13 December 2030 (New Bonds) it has allocated $46,664,000 of New Bonds. The Exchange Offer has now closed. Combined with the Firm Offer issuance of $75,000,000 this takes the total Issue Amount to $121,664,000. 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: Craigs Investment Partners Limited Forsyth Barr Limited Tom Robertson Infratil Treasurer Phone: +64 4 550 5432 Email: tom.robertson@infratil.com Authorised for release by: Brendan Kevany Infratil Company Secretary