Infratil Infrastructure Bond Firm Offer Closes

Infratil Limited today announced that following the successful bookbuild process for its Firm Offer of 7½ year unsecured, unsubordinated, fixed rate infrastructure bonds maturing on 17 December 2031 (New Bonds) it has allocated $175,000,000 of New Bonds (including $100,000,000 of oversubscriptions). The Firm Offer has now closed. The Issue Margin for the New Bonds has been set at 2.40% per annum. The Interest Rate will be announced later today via NZX together with release of an updated Terms Sheet. For further information, please contact the Joint Lead Managers or your usual financial adviser. 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