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Portfolio Update

3rd Jan 2007 15:00

Babcock&Brown Public Ptnrships Ltd03 January 2007 3 January 2007 Not for publication, release or distribution in whole or in part in Australia, Canada, Japan or the United States Babcock & Brown Public Partnerships Limited (Incorporated in Guernsey with registered number 45241) Portfolio Update In accordance with Listing Rule 15.4.11(2), Babcock & Brown Public PartnershipsLimited (the 'Company') announces its 10 largest investments, including allholdings with a value greater than 5% of the Company's total assets as at 31December 2006. Hereford & Worcester Magistrates Court Strathclyde Police Training Centre Tower Hamlets Schools Northamptonshire Schools Calderdale Schools Norfolk Police HQ Derbyshire Schools Phase 2 Reliance Rail Bootle Government Offices RiverCity Motorway For further information, please contact: Babcock & Brown Anthony Kennaway +44 (0)20 7203 7300 Heritage International Fund Laurence McNairn +44 (0)1481 716000Managers Limited, Secretary This information is provided by RNS The company news service from the London Stock Exchange

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