Acquisition of third party asset

26 January 2012

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

JLIF completes acquisition of third party PFI/PPP infrastructure asset

JLIF today announces the completion of another third party acquisition - a 20% stake in the PFI/PPP infrastructure asset North East Fire and Rescue (NEFRA) from Shepherd Construction, for a total consideration of £1.15 million. This takes JLIF's total holding in NEFRA to 100% following the recent acquisition of an 80% stake from the John Laing Group following its successful capital raise of £130.7 million.

Contacts:

JLIF Investment Adviser Tel: 020 7901 3326

David Marshall

Andrew Charlesworth

RLM Finsbury Tel: 020 7251 3801

Faeth Birch

Philip Walters