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The Quotation Notice for Infratil Limited ("IFT230") Bonds has been amended to reflect the updated closing date of the General Offer. QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED (“IFT230”) BONDS

The Quotation Notice for Infratil Limited ("IFT220") Bonds has been amended to reflect the updated closing date of the General Offer. QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED (“IFT220”) BONDS

MEMORANDUM To: Market Participants From: NZX Client and Data Services Date: 10 June 2016 Subject: IFT150 Maturity and Exchange for either IFT220 or IFT230 Message: NZX Regulation (“NZXR”) advises that,

Infratil Infrastructure Bonds 4.90% p.a. due 15 June 2021 and 5.50% p.a. due 15 June 2024 Infratil advises that due to investor demand, the General Offer of both Series of

QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED (“IFT230”) BONDS Issuer: Infratil Limited (“IFT”) Security Code: IFT230 ISIN: NZIFTD0230L9 Details of Issue: An offer of unsecured, unsubordinated, fixed rate eight year

QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED (“IFT220”) BONDS Issuer: Infratil Limited (“IFT”) Security Code: IFT220 ISIN: NZIFTD0220L0 Details of Issue: An offer of unsecured, unsubordinated, fixed rate five year

MEMORANDUM To: Market Participants From: NZX Client and Data Services Date: 8 June 2016 Subject: IFT150 Maturity and Exchange for either IFT220 or IFT230 Message: NZX Regulation (“NZXR”) advises that,

Infratil Infrastructure Bonds 4.90% p.a. due 15 June 2021 and 5.50% p.a. due 15 June 2024 Infratil advises that due to investor demand, the General Offer of both Series of

Infratil advises that the foreign exchange rate to be used for the Infratil Limited final dividend to be paid to Australian investors in AUD on 15 June 2016 has been

Infratil Infrastructure Bonds 4.90% p.a. due 15 June 2021 and 5.50% p.a. due 15 June 2024 Infratil advises that due to investor demand, the General Offer of both Series of

Ongoing Disclosure of Directors Interests - Duncan Saville

Notice of interest payments attached.

H.R.L. Morrison & Co, the external manager of Infratil, announced today the appointment of its new Chief Investment Officer (CIO), Paul Newfield. Please see the attached press release from H.R.L.

QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED ("IFT230") BONDS Issuer: Infratil Limited (“IFT”) Security Code: IFT230 ISIN: NZIFTD0230L9 Details of Issue: An offer of unsecured, unsubordinated, fixed rate eight year

QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED ("IFT220") BONDS Issuer: Infratil Limited (“IFT”) Security Code: IFT220 ISIN: NZIFTD0220L0 Details of Issue: An offer of unsecured, unsubordinated, fixed rate five year

MEMORANDUM To: Market Participants From: NZX Client and Data Services Date: 20 May 2016 Subject: IFT150 Maturity and Exchange for either IFT220 or IFT230 Message: NZX Regulation (“NZXR”) advises that

The letter attached below is being sent to existing Infratil Bondholders with bonds maturing 15 June 2016.

Infratil Infrastructure Bonds 4.90% p.a. due 15 June 2021 and 5.50% p.a. due 15 June 2024 Infratil announces that the offer of the above Series of unsecured unsubordinated Infrastructure Bonds

Notice pursuant to clause 20(1)(a) of schedule 8 of the Financial Markets Conduct Regulations 2014 Infratil Limited ("Infratil") gives notice under clause 20(1)(a) of schedule 8 of the Financial Markets

NZX Regulation Decision Infratil Limited (IFT) Application for a waiver from NZX Main Board Listing Rule 9.2.1 17 May 2016 Decision 1. Subject to the condition set out in paragraph