Completion of acquisition

15 October 2013

JLIF Limited

Completion of acquisition

JLIF Limited (the "Company" or "JLIF"), the listed infrastructure investment company, is pleased to announce that following the successful £242.3m capital raise, the largest in the fund's history since listing, JLIF has completed the acquisition of a 40% shareholding in the Barnsley BSF project, which consists of the construction of nine new Advanced Learning centres ("ALCs"), one new build special school and one special school extension.

The project, acquired from the John Laing Group, is a 25 year concession which runs until April 2036, and marks JLIF's 50th portfolio project.

Following the acquisition, the Education sector now represents 17% of JLIF's portfolio by value, based on the 30 June valuation (and adjusted for subsequent acquisitions).

For further information, please contact:

JLIF Limited 020 7901 3326

David Marshall

Andrew Charlesworth

RLM Finsbury 020 7251 3801

Faeth Birch

Philip Walters