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Macquarie Communications Infrastructure Group

MCG Dividend Reinvestment Plan

22 July 2005

Macquarie Communications Infrastructure Group (MCG) advises that the pricing period for the Dividend Reinvestment Plan (DRP) in respect of the final distribution payable by it will be from 22 July 2005 to 4 August 2005.  Because it does not wish to raise additional capital at this time, MCG has decided that the securities to be allocated to participants under the DRP will be sourced from on-market purchases of existing securities.

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


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