Macquarie Infrastructure Group Appoints New Independent Director

15 March 2004

Macquarie Infrastructure Group (MIG) today announced the appointment of Mr. David Walsh as a Director.

Mr. Walsh has been appointed to the Board of Macquarie Infrastructure Investment Management Limited (MIIML), the responsible entity for the two Australian trusts in MIG.

Mr. Walsh is the senior partner in the Melbourne office of leading law firm, Mallesons Stephen Jaques.

Mr. Walsh fills the Board vacancy following the recent resignation of Mr. Tony Bancroft.

Chairman of the Board, Mr. Mark Johnson said “MIG is delighted that Mr. Walsh has accepted our invitation to join the Board.  Mr. Walsh is a distinguished lawyer of more than forty years standing with extensive experience in corporate and commercial law.  His legal and general business experience make him a valuable independent Director for MIG.

“Mr. Walsh is an experienced director. He has previously had director-level experience in a number of companies, had experience on government advisory bodies and is currently non-executive Chairman of the listed Templeton Global Growth Fund Limited.  He is a Director and Audit Committee member of PaperlinX Limited and a Board member of Museum of Modern Art at Heide” Mr. Johnson said.

For further information, please contact:

Alan Stockdale
Global Head, Investor and External Relations
Macquarie Infrastructure Group
Tel: 612 8232 6771
Mobile: 61 0 418 276 366
Email: alan.stockdale@macquarie.com

Media Enquiries
Jane Rotsey
Public Affairs Manager
Mobile: (61) 401 997 160
Email: jane.rotsey@macquarie.com