2011 First Half Dividend

30 August 2011

John Laing Infrastructure Fund Limited ("the Company" or "JLIF")

2011 First Half Dividend

The Board today declared an interim dividend covering the period 1 January 2011 to 30 June 2011.

The interim dividend of 3.0 pence is in line with the target dividend payment of 6.0 per cent. per annum on each share set out in the Company's prospectus dated 29 October 2010 ("the Prospectus"). The Company previously paid a first interim dividend of 0.5 pence per share for the one month period from the admission of the shares to trading on the London Stock Exchange's main market for listed securities through to 31 December 2010, equivalent to an annualised rate of 6.0 per cent. per annum. As set out in the Prospectus, the Company will aim to maintain this level of dividend.

The Directors intend that the Company will generally restrict distributions (by way of dividend or otherwise) to the level of distributable cash flows, and dividends to the level of income from the Fund's investments, as recognised in the relevant financial period. Any such dividend or distribution shall be made conditional on the passing of the solvency test under Guernsey law.

Distributions on the shares are expected to be paid twice a year, normally in respect of the six month period to 30 June and 31 December respectively, and are expected to be made by way of interim dividends.

The Board intend to offer a scrip dividend alternative for this distribution to those investors who wish to receive additional JLIF securities in lieu of a cash payment. A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with scrip dividend election forms will be mailed on or about 19 September 2011 to all eligible JLIF shareholders on the register as at the record date for the dividend, being 9 September 2011. The scrip dividend election forms will need to be completed and returned to Capita Registrars Limited by 7 October 2011 by those investors who wish to receive shares in lieu of cash.

Note: The above distribution guidance is a target only and not a profit forecast. There can be no assurance that this target will be met or that the Company will make any distributions whatsoever. The times and dates in this announcement are expected times and dates only and are subject to change. Any such changes will be notified to shareholders through a regulatory information service.

For further information, please contact:

John Laing Capital Management Limited 020 7901 3326

David Marshall

Andrew Charlesworth

Finsbury 020 7251 3801

Faeth Birch

Phillip Walters