Macquarie Infrastructure Group 407ETR, M1, M4 and M5 Traffic February 2003

06 March 2003

Macquarie Infrastructure Group (MIG), today announced details of traffic use for the 407ETR toll road in Toronto and the Eastern Distributor (M1), M4 and M5 toll roads in Sydney.

Due to restrictions imposed by a number of legal agreements dealing with the 407ETR, only monthly statistics on Average Workday Traffic and Total Vehicle Kilometres Travelled can be released. More detailed statistics on the 407ETR are released quarterly.

MIG currently owns:

• Both directly and indirectly (through its holding in Spanish company, Cintra) 43.0% of the equity in 407 International Inc, the owner of the concession for the 407ETR toll road in Toronto;
• 71.35% of the equity in the Airport Motorway Group, the owner of the concession for the Eastern Distributor (M1) in Sydney;
• 50.6% of Statewide Roads Limited, the owner of the concession for the M4 toll road in Sydney; and
• 50% of Interlink Roads Pty Limited, the owner of the concession for the M5 toll road in Sydney.
• 407 International Inc - 407ETR
  

407 International Inc - 407ETR

Table 1: 407ETR

Total Vehicle Kilometres Travelled on the 407ETR during February 2003 was 0.6% lower than February 2002.

The average number of workday trips on the 407ETR during February 2003 was 2.5% higher than February 2002.

Airport Motorway Group - M1

Table 2: Average Daily Traffic - Eastern Distributor (M1)

Average daily toll revenue (net of GST) for Airport Motorway in February 2003 was $129,800 – a 9.7% increase relative to February 2002.

Average daily tolled traffic on the Eastern Distributor (M1) for February 2003 was 9.4% higher than February 2002.

Average weekday traffic on the Eastern Distributor (M1) for February 2003 was 9.7% higher than February 2002.

Average traffic on weekends and public holidays on the Eastern Distributor (M1) for February 2003 was 8.2% higher than February 2002.

Non-cash transactions on the Eastern Distributor (M1) consisted of 40% of average daily traffic in February 2003 (January 2003: 37%).

Interlink Roads - M5

Table 3: Average Daily Traffic - M5

Average daily traffic on the M5 for February 2003 was 12.1% higher than February 2002.

Average weekday traffic on the M5 for February 2003 was 13.1% higher than February 2002.?

Average traffic on weekends and public holidays on the M5 for February 2003 was 8.9% higher than February 2002.

Non-cash transactions on the M5 in February 2003 consisted of 66% of average daily traffic? (January 2003: 63%).

Statewide Roads – M4

Table 4: Average Daily Traffic - M4

Average daily toll revenue (net of GST) for Statewide Roads in February 2003 was $199,832 - a 5.9% increase relative to February 2002.

Average daily traffic on the M4 for February 2003 was 4.4% higher than February 2002.

Average weekday traffic on the M4 for February 2003 was 5.0% higher than February 2002.

Average traffic on weekends and public holidays on the M4 for February 2003 was 2.6% higher than February 2002.

Non-cash transactions on the M4 in February 2003 consisted of 51% of average daily traffic? (January 2003: 46%).

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