Transurban Group Takeover Offer For Hills Motorway Group

21 March 2005

Macquarie Infrastructure Group (MIG) advises that the minimum acceptance condition of the pre-bid agreement with Transurban, in relation to the threshold for sale of MIG's 15 million securities in Hills Motorway Group (Hills) to Transurban, has been amended from 50.1% to 30%.

For further information, please contact:

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

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

Investor Enquiries
Bianca Francis
Investor Relations Manager
Tel: 61 2 8232 5007
Email: bianca.francis@macquarie.com