Notice of Termination of IAA

Infrastructure India plc

Notice of Termination of Investment Adviser Agreement

Infrastructure India plc ("Infrastructure India" or "the Company"), the investment company focusing on Indian infrastructure assets, announces that Infrastructure India HoldCo, a subsidiary of the Company, has today served notice on Bloomsbury Asset Management Advisors ("BAMA") to terminate the Investment Adviser Agreement dated 23 June 2008 (the "IAA"). The IAA remains in place until the expiration of the notice period.

As noted in previous announcements, following the resignation of certain key employees of BAMA in October 2009, and the Company being informed by BAMA in March 2010 that the notice periods in respect of such key employees had expired, BAMA had a period of time in which to nominate appropriately skilled replacements for such employees. As at 15 April 2010, neither the Company nor Infrastructure India HoldCo had been provided with any nominations by BAMA, and as the time period to make such nominations has now expired, notice of termination has been served on BAMA. The Company does not intend to replace BAMA as Investment Adviser but instead will rely on Akur Partners LLP, its Asset Advisor, and its own internal resources.

-Ends-

Enquiries: