JLIF announces Completion of three assets

11 November 2011

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

JLIF announces Completion of three assets

Following its successful capital raise of £130.7 million, JLIF today announces the completed acquisition of a further two new PFI/PPP infrastructure assets and an increased stake in an existing holding for £18.2 million. This is as outlined in the prospectus issued on 29th September 2011.

As planned, the remaining uninvested proceeds are being used to acquire five further assets, already identified, as well as to repay debt incurred by the Fund in acquiring a 50% stake in Forth Valley Royal Hospital. The assets, which JLIF has completed the acquisitions of today are:

·; An incremental stake of 20% in Abbotsford Regional Hospital and Care Centre, taking JLIF's total holding to 100%

·; 20% stake in Edinburgh Schools (10% acquired from John Laing Group, and 10% from John Laing Pension Trust Limited)

·; 100% stake in Highland Schools, North London

Contacts:

JLIF Investment Adviser Tel: 020 7901 3326

David Marshall

Andrew Charlesworth

RLM Finsbury Tel: 020 7251 3801

Faeth Birch

Philip Walters