Retail Entitlement Offer allotment

Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com
18 June 2019


Infratil Limited: Issue of shares under Retail Entitlement Offer

Infratil Limited (NZX/ASX: IFT) advises that it has issue securities. The following information is
provided in accordance with Listing Rules 7.12.1.

a.
Class of security Ordinary shares

ISIN NZIFTE0003S3
b.
Number issued 45,487,130
c.
Nominal value N/A

Issue Price NZ$4.00 per ordinary share.
d.
Payment terms Payable in cash.
e.
Amount paid up Fully paid ordinary shares.
f.
Principal terms of the
securities
The shares have identical rights, privileges, limitations
and conditions as, and rank equally with, the existing
ordinary shares.
g.
Percentage of class of
securities
7.41% of the total number of fully paid ordinary shares
prior to this issue (rounded to 2 decimal places).
h.
Reason for issue Shares allotted pursuant to Retail Entitlement Offer and
Retail Bookbuild.
i.
Authority for issue Directors’ resolution dated 16 May 2019.
j.
Terms of issue The shares were issued with identical rights, privileges,
limitations and conditions as, and rank equally with, the
existing ordinary shares.
k.
Number of securities of
the class in existence after
issue
660,099,898
l.
Total number of securities
of the class in existence
after issue and after
deduction of Treasury
Stock
659,324,898
m.
Date of issue 18 June 2019.

Mark Flesher, Investor Relations, Infratil Limited mark.flesher@infratil.com