Completion of Acquisition

30 December 2016

John Laing Infrastructure Fund Limited

Completion of Acquisition

JLIF, the FTSE 250 listed infrastructure investment company, is pleased to announce that it has completed the acquisition of a 6% indirect interest in the Intercity Express Programme Phase 1 project from John Laing Investments Limited (a wholly-owned subsidiary of John Laing Group plc ("John Laing")).

The transaction represents JLIF's eighth acquisition of 2016 and brings JLIF's new investments for 2016 to a combined total of approximately £300.0 million.

For further information, please contact:JLCM 020 7901 3326

Andrew Charlesworth

Finsbury 020 7251 3801

Philip Walters

Nidaa Lone

JLIF is one of Europe's largest listed infrastructure funds, trading on the London Stock Exchange. As an equity stakeholder, JLIF partners with public sector counterparties across the world to deliver key local and national infrastructure projects. In return these provide government-backed, inflation-linked revenue streams to our business. JLIF's continued success is built on a collaborative approach, centred on long term relationships with its clients such that their changing infrastructure needs can be met in a timely and cost effective way.