Purchase of Additional Interest in Lusoponte

29 November 2002

As previously communicated, Macquarie Infrastructure Group (MIG) received notification that one of the other shareholders in Lusoponte (the concession owner of the Tagus River Crossings in Lisbon, Portugal) had advised it was selling its 14.84% interest.

As a consequence, MIG exercised its pre-emptive rights over the interest as did two other shareholders. That process has now been finalised and MIG has acquired an additional interest of 5.66%, thereby increasing its overall interest to 30.46%.

The acquisition price for the additional interest is €16,038,724 (approximately A$28.6m). The acquisition will be funded from existing cash reserves.

For further information, please contact:

Dennis Eagar
Division Director
Macquarie Infrastructure Investment Management Limited
Tel: (02) 8232 6771
Mobile: 0414 345 176
Email: dennis.eagar@macquarie.com