Final Distribution for year ending 30 June 2005

20 June 2005

Macquarie Communications Infrastructure Group (MCG) is pleased to confirm its final distribution for the year ending 30 June 2005.

This brings total distributions for the full year to 30 June 2005 to 29.0 cents per stapled security which is slightly ahead of the Directors' forecast of 28.8 cents per stapled security.

No portion of the distribution will carry imputation credits. Final details of the tax components of the distribution will not be available until August 2005, however it is expected that a portion of the distribution will comprise a “deferred tax” component.

MCG does not give tax advice and recommends that all stapled security holders obtain their own tax advice in relation to the distribution.

Distribution Reinvestment Plan

A Distribution Reinvestment Plan (DRP) is in operation for this distribution. Notice to participate in the plan must be lodged with ASX Perpetual Registrars by 30 June 2005.

For further information, please contact:

Richard Nelson
Investor Relations
Macquarie Group
Tel: (612) 8232 5008
Email: richard.nelson@macquarie.com

Media Enquiries
Suzanne Mercer
Public Affairs Manager
Tel: (612) 8232 8525
Email: suzanne.mercer@macquarie.com