Infratil Limited (Infratil) refers to its NZ$115,918,500 unsecured, unsubordinated fixed rate bonds, listed under ticker IFT320 (Bonds). The Bonds have an 8 year term, maturing on 15 June 2030.

Infratil advises that the interest rate for the Bonds for the second four-year period is 5.61% per annum. This has been calculated based on the four year swap rate on 15 June 2026, plus the margin of 2.00% per annum.

For further details contact:

Tom Robertson

tom.robertson@infratil.com

+64 4 550 5432

Authorised for release by:

Andrew Carroll

Infratil Chief Financial Officer