Completion of acquisition

John Laing Infrastructure Fund Limited

Completion of acquisition

JLIF, the listed infrastructure investment company, is pleased to announce that following its successful £242.3m capital raise earlier this year, the largest in the fund's history since listing, it has completed the acquisition of a 75%1 shareholding in the North Staffordshire Hospital project.

The event marks the completion of the final acquisition of the three asset portfolio for approximately £103 million from the John Laing Group and the John Laing Pension Trust Limited, as stated in its prospectus issued in September 2013, as part of the recent capital raise.

The acquisition increases the number of health sector assets in the JLIF portfolio to twelve and the total number of assets in the JLIF portfolio to 52.

Andrew Charlesworth of John Laing Capital Management Limited ("JLCM"), Fund Manager to JLIF, said:

"We are delighted to announce this acquisition, using the funds raised earlier this year as part of our stated strategy. We have had a very successful year for acquisitions and including today's purchase JLIF has now acquired over £263 million of assets during 2013. JLIF will continue to actively seek further growth opportunities from both John Laing and the wider secondary market."

1Of the equity and subordinated debt plus 100% of the mezzanine finance

For further information, please contact:

JLIF Limited 020 7901 3326

David Marshall

Andrew Charlesworth

RLM Finsbury 020 7251 3801

Faeth Birch

Philip Walters