Infratil advises that it has acquired 2,480 shares in Infratil for each of David Newman, David Caygill, Humphry Rolleston and John Peterson (to be registered in the name of Alliant Energy New Zealand Limited) in accordance with its policy of applying $10,000 of each director's fees for share purchases each year. Due to Takeovers Code restrictions, neither Lloyd Morrison nor Duncan Saville are eligible for this share purchase scheme.

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