Macquarie Communications Infrastructure Group Distribution Reinvestment Plan (DRP)

09 May 2003

Macquarie Communications Infrastructure Group (MCG) is introducing a Distribution Reinvestment Plan (DRP) which will be implemented in time for the next distribution, to be announced in June and payable in mid-August.

The DRP is a convenient way for you to increase your holding in MCG by reinvesting all or some of your distributions in additional MCG securities without incurring any brokerage, commission or stamp duty.

Participation in the DRP is entirely optional. You may elect to:

• not participate in the DRP and continue to receive cash distributions;
• participate fully in the DRP – all distributions will be reinvested into new MCG securities; or
• participate partially in the DRP - distributions on a specified number of MCG securities will be reinvested into new securities. The distributions on the remaining securities will be paid as a cash distribution.

Securities under the DRP will be issued at market price. This is calculated as the volume weighted average price for MCG securities for the first 5 trading days following the end of a distribution period and does not include a discount. 

Please read the enclosed terms and conditions to find out more. If you wish to participate, fill out the enclosed form and return it to our registry by 11 June 2003 in the reply paid envelope provided. On each payment date, the distribution on the number of securities you specify will be automatically reinvested into new MCG securities. 

If you do not wish to participate, no action on your part is required and distributions will continue to be paid to you in cash.

If you have any queries, please feel free to contact the MCG Investor Relations Team on 1800 181 910 (+ 61 2 8232 3214) or email mailto:mcig@macquarie.com.

Download a copy of the MCIG DRP booklet (pdf 20 KB)