The share price used to calculate entitlements under the Infratil Dividend Reinvestment Plan has been set at NZ$2.2683 per share. The share price is the volume weighted average sale price of shares sold on the NZX in the five business days immediately following the dividend record date of 31 May 2013. Shares issued under the DRP will be allotted on the dividend payment date of 14 June 2013.

K M Baker

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