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Infratil Share Buyback Notice

25 Jun 2008

As notified previously to its shareholders, Infratil intends to occasionally buy back its fully paid ordinary shares when market conditions warrant and when such a transaction would be of benefit to the Company and to Infratil’s remaining shareholders.

The Infratil Board has now authorised management to undertake on-market buybacks under Listing Rule 7.6.2.   This will enable Infratil to acquire up to 20 million ordinary shares during the period not covered by the disclosure notice included in the 2007 Notice of Meeting, and until its disclosure notice intended for inclusion in the 2008 Notice of Meeting.   Accordingly this notice covers a period of time from 30 June 2008 to 17 August 2008.  All transactions actually concluded will be notified to NZX not later than the end of business day in which the acquisition takes place.  A notice will be sent to all shareholders of the details of any shares acquired within three months of acquisition.

For further information contact:
Kevin Baker
CFO and Company Secretary
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