Macquarie Infrastructure Group 407ETR, M6Toll, M1, M4, M5, Warnow Tunnel Traffic December 2003 Ausol I, Ausol II, Autema, Vasco da Gama, 25th April Bridge Traffic November 2003

07 January 2004

Macquarie Infrastructure Group (MIG), today announced details of traffic use for:

• 407ETR in Canada
• M6 Toll in United Kingdom
• Eastern Distributor (M1) in Australia
• M4 in Australia
• M5 in Australia
• Warnow Tunnel in Germany
• Ausol I in Spain (November)
• Ausol II in Spain (November)
• Autema in Spain (November)
• Vasco da Gama in Portugal (November)
• 25th April Bridge in Portugal (November)
  

Due to restrictions imposed by a number of legal agreements dealing with the 407ETR, only monthly statistics on Average Workday Traffic, Average Daily Traffic and Total Vehicle Kilometres Travelled can be released. More detailed statistics on the 407ETR are released quarterly. Similarly, traffic data for Warnow Tunnel, Ausol I, Ausol II, Autema, Vasco da Gama and 25th April Bridge is restricted to Average Daily Traffic for the month.

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;
  
  
• 75% of the equity (with options to move to 100% in 2005) in Midland Expressway Limited, the owner of the concession for the M6 Toll in Birmingham;
  
  
• 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;
  
  
• 50% of Interlink Roads Pty Limited, the owner of the concession for the M5 toll road in Sydney;
  
  
• 70.0% of the equity in Warnowquerung GMBH & Co. KG, the owner of the concession for the Warnow River Crossing in Rostock, Germany;
  
  
• 31.3% indirectly of Ausol I on the Costa del Sol in Spain (through its holding in Spanish company, Cintra);
  
  
• 31.3% indirectly of Ausol II on the Costa del Sol in Spain (through its holding in Spanish company, Cintra);
  
  
• 31.0% indirectly of Autema in north eastern Spain (through its holding in Spanish company, Cintra); and
  
  
• 30.6% of the equity in Lusoponte, the owner of the concession for the Vasco da Gama & 25th April Bridge in Lisbon, Portugal.

Please note that December 2003 had one more workday than December 2002.

407 International Inc - 407ETR

Table 1: 407ETR

Total Vehicle Kilometres Travelled on the 407ETR during December 2003 was 7.2% higher than December 2002.

The average number of workday trips on the 407ETR during December 2003 was 3.7% higher than December 2002.

The average daily trips on the 407ETR during December 2003 was 6.1% higher than December 2002.

Midland Expressway Limited - M6 Toll

Table 2: Average Daily Traffic - M6 Toll

Average daily traffic on the M6 Toll for the period 14 December to 31 December was 34,490.

The M6 Toll was fully opened on 14 December 2003.

Caution should be exercised in forming conclusions based on these data as traffic varied considerably from day to day through the report period:
1. The period included days such as Christmas Day, Boxing Day and New Years Eve; and
2. Traffic varied from a low of 10,326 to a high of 47,033.

Airport Motorway Group - M1

Table 3: Average Daily Traffic - Eastern Distributor (M1)

Average daily toll revenue (net of GST) for Airport Motorway in December 2003 was $149,019 - a 21.6% increase relative to December 2002.

Average daily tolled traffic on the Eastern Distributor (M1) for December 2003 was 6.2% higher than December 2002.

Average workday traffic on the Eastern Distributor (M1) for December 2003 was 4.8% higher than December 2002.

Average traffic on weekends and public holidays on the Eastern Distributor (M1) for December 2003 was 5.6% higher than December 2002.

Non-cash transactions on the Eastern Distributor (M1) consisted of 49% of average daily traffic in December 2003 (November 2003: 51%).

Statewide Roads – M4

Table 4: Average Daily Traffic - M4

Average daily toll revenue (net of GST) for Statewide Roads in December 2003 was $203,769 - an 8.9% increase relative to December 2002.

Average daily traffic on the M4 for December 2003 was 9.0% higher than December 2002.

Average workday traffic on the M4 for December 2003 was 8.3% higher than December 2002.

Average traffic on weekends and public holidays on the M4 for December 2003 was 7.0% higher than December 2002.

Non-cash transactions on the M4 in December 2003 consisted of 56% of average daily traffic (November 2003: 57%).

Interlink Roads - M5

Table 4: Average Daily Traffic - M5

Average daily toll revenue (net of GST) for Interlink Roads in December 2003 was $309,128 - a 16.3% increase relative to December 2002.

Average daily traffic on the M5 for December 2003 was 15.5% higher than December 2002.

Average workday traffic on the M5 for December 2003 was 13.7% higher than December 2002.

Average traffic on weekends and public holidays on the M5 for December 2003 was 17.0% higher than December 2002.

Non-cash transactions on the M5 in December 2003 consisted of 68% of average daily traffic (November 2003: 69%).

Warnowquerung GMBH & Co - Warnow Tunnel

Table 6: Average Daily Traffic - Warnow Tunnel

Cintra - Ausol I

Table 7: Average Daily Traffic - Ausol I

Average daily traffic on Ausol I for November 2003 was 11.9% higher than November 2002.

Cintra - Ausol II

Table 8: Average Daily Traffic - Ausol II

Average daily traffic on Ausol II for November 2003 was 17.4% higher than November 2002.

Cintra - Autema

Table 9: Average Daily Traffic - Autema

Average daily traffic on Autema for November 2003 was 10.1% higher than November 2002.

Lusoponte - Vasco da Gama

Table 10: Average Daily Traffic - Vasco da Gama

     
1. 1. Please note that tolls only apply to northbound traffic.

Average daily total traffic on Vasco da Gama for November 2003 was 4.3% higher than November 2002.

Average daily northbound traffic on Vasco da Gama for November 2003 was 4.7% higher than November 2002.

Lusoponte - 25th April Bridge

Table 11: Average Daily Traffic - 25th April Bridge

¹ Please note that tolls only apply to northbound traffic.

Average daily total traffic on 25th April Bridge for November 2003 was 4.4% higher than November 2002.

Average daily northbound traffic on 25th April Bridge for November 2003 was 3.7% higher than November 2002.

For further information contact:

Alan Stockdale
Global Head, Investor and External Relations
Macquarie Infrastructure Group
Tel: 613 9635 9268
Mobile: 61 418 276 366
Email: alan.stockdale@macquarie.com