News and announcements

Ongoing Disclosure Notice P Newfield

Allotment of Infratil Limited Infrastructure Bonds due 15 December 2029 attached

Allotment of Infratil Limited Infrastructure Bonds 15 December 2026 attached

Memorandum To: Market Participants From: NZX Product Operations Date: Friday, 20 September 2019 Subject: Infratil Limited (“IFT”) – Offer Period Extended Message: NZX Operations (“NZXO”) advises that, following the announcement

Infratil Infrastructure Bonds: Extension of closing date for offer of 2029 Bonds On 20 August 2019, Infratil Limited ("Infratil") announced an offer of the following Series of unsecured unsubordinated Infrastructure

NZX Regulation Decision Infratil Limited (IFT) Application for a waiver from NZX Listing Rule 3.16.2 20 September 2019 Waiver from Listing Rules Decision 1. Subject to the condition set out

Allotment of Infratil Infrastructure Bonds due 15 December 2029 attached.

Allotment of Infratil Limited Infrastructure Bonds 15 December 2026 attached

QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED BONDS (“IFT280”) Issuer: Infratil Limited (IFT) Ticker Code: IFT280 ISIN: NZIFTD0280L4 Details of Issue: Up to $200 million (plus oversubscriptions of up to

QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED BONDS (“IFTHC”) Issuer: Infratil Limited (IFT) Ticker Code: IFTHC ISIN: NZIFTD0290L3 Details of Issue: An offer of up to $200 million (plus oversubscriptions

Ongoing Disclosure Notice P Newfield

On 8 August 2019, Infratil Limited ("Infratil") announced the conditional sale of Perth Energy to AGL Energy Limited (“AGL”). Infratil confirms that the sale of Perth Energy to AGL was

Infratil has today completed the sale of its NZ Bus business (NZ Bus) to funds controlled by Next Capital. Infratil initiated a strategic review of its investment in NZ Bus

Infratil Limited advises that the attached resolutions were passed by shareholders at the Company's annual meeting held today in Auckland. Nicholas Lough Company Secretary Infratil Limited

Please find attached the presentation for the 2019 Annual Meeting being held in Auckland today. Marko Bogoievski Chief Executive

NZX Regulation Decision Infratil Limited (“IFT”) Application for a Ruling on NZX Listing Rule 2.11.3 21 August 2019 Background 1. The material information on which this decision is based is

Infratil Infrastructure Bonds 3.35% p.a. due 15 December 2026 and 3.50% p.a. (rate reset on 15 December 2020 and annually thereafter) due 15 December 2029 Infratil announces that the offer