Results of Placing

NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, OR INTO, THE UNITED STATES , CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL OR TO U.S. PERSONS (WITHIN THE MEANING OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF I933, AS AMENDED)

26 March 2014

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

SUCCESSFUL SECONDARY PLACING OF 34,451,806 ORDINARY SHARES

John Laing Infrastructure Fund Limited has been notified by John Laing Investments Limited that it has successfully placed 34,451,806 ordinary shares (the "Placing Shares") in the Company in a secondary placing.

Following the secondary placing, John Laing Investments Limited holds no ordinary shares in JLIF.

For further information, please contact:

 J.P. Morgan Cazenove 020 7742 4000

Christopher Nicholls

Edward Gibson-Watt

RLM Finsbury 020 7251 3801

Faeth Birch

Philip Walters

This announcement is not for publication, release or distribution, directly or indirectly, in whole or in part, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia), Canada, Australia, Japan or South Africa or any jurisdiction into which the same would be unlawful or to U.S. Persons (within the meaning of Regulation S under the Securities Act of 1933, as amended (the "Securities Act").

This announcement is for information purposes only and does not constitute, or form part of, any offer to sell or issue or any solicitation of an offer to purchase or subscribe for ordinary shares or other securities in the capital of the Company in the United States, Australia, Canada, Japan or South Africa or in any jurisdiction in which such offer or solicitation is or may be unlawful and should not be relied upon in connection with any decision to acquire the Placing Shares or other securities in the capital of the Company. The ordinary shares in JLIF have not been and will not be registered under the Securities Act or under the laws of any State of the United States and may not be offered or sold in or into the United States. No public offering of securities was made in the United Kingdom, the United States or elsewhere. The Placing Shares were offered and sold outside the United States to persons who are not U.S. Persons in reliance of Regulation S under the Securities Act. 

J.P. Morgan Securities plc, which conducts its UK investment banking business as J.P. Morgan Cazenove ("J.P. Morgan Cazenove") is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Prudential Regulation Authority and Financial Conduct Authority, is acting exclusively for John Laing Investments Limited in connection with the secondary placing and no-one else and will not be responsible to anyone other than John Laing Investments Limited for providing the protections afforded to clients of J.P. Morgan Cazenove nor for providing advice in relation to the secondary placing or any other matter referred to in this Announcement.