Perpetual Infratil Infrastructure Bonds Annual Rate Reset

Infratil Limited advises that the Coupon Rate on the Perpetual Infratil Infrastructure Bonds (PiiBs) for the period 15 November 2019 to the next reset date, being 15 November 2020, is 2.67% per annum payable quarterly. This figure is equal to the Bank One Year Swap Rate on 15 November 2019 for quarterly payments, plus the Margin of 1.5% per annum. For further details contact: Tim Brown Tim.Brown@hrlmorrison.com End CA:00344386 For:IFT Type:CORPACT Time:2019-11-15 14:26:43