JLIF announces completion of one asset

21 November 2011

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

JLIF announces completed acquisition of new PFI/PPP infrastructure asset

Following its successful capital raise of £130.7 million, JLIF today announces the completed acquisition of an 80.1% stake in PFI/PPP infrastructure asset North East Fire and Rescue (NEFRA) for £4.7 million. This is as outlined in the prospectus issued on 29th September 2011.

As planned, the remaining uninvested proceeds are being used to acquire four further assets, already identified, as well as to repay debt incurred by the Fund in acquiring a 50% stake in Forth Valley Royal Hospital.

Contacts:

JLIF Investment Adviser Tel: 020 7901 3326

David Marshall

Andrew Charlesworth

RLM Finsbury Tel: 020 7251 3801

Faeth Birch

Philip Walters