IFTHA – Interest Rate Reset

Memorandum To: Market Participants From: NZX Client and Data Services Date: 15 November 2017 Subject: IFTHA - Interest Rate Reset Message: Further to the announcement made by Infratil Limited ("IFT") today, NZX Operations ("NZXO") advises that the interest rate payable on the Perpetual Infratil Infrastructure Bonds ("IFTHA") has been reset to 3.50% per annum with effect from Wednesday, 15 November 2017. The interest rate reset will be reflected in our trading system from market open Thursday, 16 November 2017. Please contact NZX Client and Data Services on +64 4 496 2853 or cds@nzx.com with any queries. ENDS End CA:00310372 For:IFT Type:MEMO Time:2017-11-15 15:51:44