Redemption of Executive Redeemable Shares

Redemption of Executive Redeemable Shares

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: 557,500 redeemed

(c) Redemption price: NZ$5,575.00

(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: 56.2847%

(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: 433,000

(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: 10 April 2018

Nicholas Lough
Company Secretary