Infratil Limited/Announcement
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Redemption of Executive Redeemable Shares

Capital Change10 April 2018IFTUtilities

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


10 April 2018


Redemption of Executive Redeemable Shares


Infratil Limited advises that it has acquired its own securities. The following information is provided in

accordance with Listing Rule 7.12.1:


(a) Class of Security and ISIN: Executive redeemable shares


(b) Number redeemed: 557,500 redeemed


(c) Redemption price: NZ$5,575.00


(d) Whether payment was in cash: In cash


(e) Any amount paid up: NZ$0.01


(f) Principal terms of the Securities: As per the Infratil Executive Share

Scheme Trust Deed dated 22 August

2008


(g) Percentage of the total Class of Securities

redeemed:

56.2847%


(h) Reason for the redemption: Redemption of Executive redeemable

shares that did not convert to Infratil

ordinary shares in accordance with the

Infratil Executive Share Scheme Trust

Deed


(i) Specific authority for the redemption: As per the Infratil Executive Share

Scheme Trust Deed


(j) Terms or details of the redemption: As per the Infratil Executive Share

Scheme Trust Deed


(k) Total number of Securities of the Class in existence

after the redemption:

433,000


(l) In the case of an acquisition of shares by an Issuer

which is a company registered under the

Companies Act 1993, whether those shares are to

be held as Treasury Stock:

n/a


(m) Dates of redemption: 10 April 2018




Nicholas Lough

Company Secretary

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