Acquisition of additional stakes

John Laing Infrastructure Fund Limited

Acquisition of additional stakes

JLIF, the listed infrastructure investment company, is pleased to announce that it has completed the acquisition of the remaining stakes in three assets from Bouygues UK, resulting in 100% ownership of each asset. Initial stakes in the assets were acquired as part of JLIF's £123 million portfolio acquisition from Investors in the Community LLC ("IIC") earlier this year, which represented the group's largest acquisition since IPO.

The Lambeth and Redcar & Cleveland Street Lighting projects, in each of which JLIF has acquired an additional 15% interest, have together seen the replacement of more than 23,000 lighting columns.

The Peterborough Schools project, in which JLIF has acquired an additional 19% interest, has been operational since 2007. The project comprises a new build academy and two refurbished and extended secondary schools providing teaching space for up to 3,395 pupils.

David Marshall from John Laing Capital Management ("JLCM"), Fund Manager to JLIF, said:

"We are delighted to announce the acquisition of these additional stakes. This represents another example of JLIF's ability to efficiently add value by acquiring stakes in existing assets, in this case as a result of the successful acquisition of a portfolio of assets from IIC in August this year. JLIF will continue to actively seek further growth opportunities by investing both in new and existing assets."

For further information, please contact:

JLCM 020 7901 3326

David Marshall

Andrew Charlesworth

RLM Finsbury 020 7251 3801

Faeth Birch

Philip Walters