Infratil Share Buyback

Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 Fax +64-4-473 2388 www.infratil.com




23 January 2017

Announcement to the New Zealand Exchange

Infratil Limited advises that it has acquired its own securities. The following information is
provided in accordance with Listing Rules 7.12

Class of security: Ordinary Shares

ISIN: NZIFTE0003S3

Number of Ordinary Shares acquired: 500,000

Acquisition price (average): $2.925

Date acquired: 20 January 2017

Payment: In cash

Amount paid up: Fully paid up Ordinary Shares

Percentage of the total class of
securities issued (after the acquisition): 0.09%

Reason for the acquisition: Considered by the Directors to be in the best
interests of the Company and shareholders.

Specific authority for the acquisition: Buyback to be carried out pursuant to Infratil’s
continuing Share Buyback Programme outlined in
its 2016 Notice of Meeting.

Total number of Ordinary Shares
in existence after the acquisition: 567,063,166

Total number of Ordinary Shares
in existence after acquisition and
after deduction of Treasury Stock: 560,053,166

Treasury stock: Shares acquired will be held as treasury stock




Mark Flesher