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Redemption of Executive Redeemable Shares

22 Dec 2016 3:11pm

Infratil Limited advises that it has acquired its own securities. The following information is provided in accordance with Listing Rule 7.12.1:

(a) Class of Security and ISIN: Executive redeemable shares

(b) Number redeemed: 127,479 redeemed

(c) Redemption price: NZ$1,274.79

(d) Whether payment was in cash: In cash

(e) Any amount paid up: NZ$0.01

(f) Principal terms of the Securities: As per the Infratil Executive Share Scheme Trust Deed dated 22 August 2008

(g) Percentage of the total Class of Securities redeemed: 11.40%

(h) Reason for the redemption: Redemption of Executive redeemable shares that did not convert to Infratil ordinary shares in accordance with the Infratil Executive Share Scheme Trust Deed

(i) Specific authority for the redemption: As per the Infratil Executive Share Scheme Trust Deed

(j) Terms or details of the redemption: As per the Infratil Executive Share Scheme Trust Deed

(k) Total number of Securities of the Class in existence after the redemption: 990,500

(l) In the case of an acquisition of shares by an Issuer which is a company registered under the Companies Act 1993, whether those shares are to be held as Treasury Stock: n/a

(m) Dates of redemption: 22 December 2016

Phillippa Harford
Chief Financial Officer

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