Distribution for the Six Month Period Ending 30 June 2004

18 June 2004

Macquarie Infrastructure Group (MIG) today announced details of its 30 June 2004 distribution.

The cash distribution of 3.75 cents for the half year is in line with Directors’ forecasts. The distribution will be partly franked and the rate is subject to confirmation following review by the auditors. Indicatively, the distribution will carry an imputation credit of 0.45 cents (making a gross distribution of 4.20 cents and a franking rate of 28.0%).

A distribution and dividend reinvestment plan is in operation for this distribution.  No discount will apply.  Notice in relation to election to participate in the plan must be lodged with the Share Registry at Computershare Investor Services Pty Limited by 30 June 2004.  Investors who wish to participate in the plan and have not previously done so can receive the election forms by contacting Computershare Investor Services on 1800 000 982.

For further information, please contact:

Bianca Francis
Investor Relations Manager
Mobile: (61) 413 279 523
Email: bianca.francis@macquarie.com

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

Investor Enquiries
Peter Johnston
Head of Investor Relations
Mobile: (61) 413 994055
Email: peter.johnston@macquarie.com