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Infratil Limited – Series 03 Bond Redemption

2 Oct 2003

Infratil advises holders of its 8.5% Bonds due November 2003 that these Bonds will be redeemed for cash on their maturity date, 15 November 2003, and not converted into ordinary shares in Infratil Limited.

Bondholders who wish to exchange any of these Bonds, or the 6.9% Bonds due March 2004, into 8.5% Bonds due September 2013 should contact their broker.

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