Attached are a market release from Trustpower and a related press release from the Tauranga Energy Consumer Trust (TECT). These releases advise that TECT will not be proceeding further with its previously announced proposal to re-settle TECT and cease to pay the TECT cheque to Trustpower customers in the Tauranga / Western Bay of Plenty region.

Infratil is a 51% shareholder in Trustpower.

Any enquiries should be directed to:

Mark Flesher, Investor Relations, Infratil Limited mark.flesher@infratil.com