IFT320 - Interest Rate Reset

Infratil Limited (Infratil) refers to its NZ$115,918,500 unsecured, unsubordinated fixed rate bonds, listed under ticker IFT320 (Bonds). The Bonds have an 8 year term, maturing on 15 June 2030. Infratil advises that the interest rate for the Bonds for the second four-year period is 5.61% per annum. This has been calculated based on the four year swap rate on 15 June 2026, plus the margin of 2.00% per annum. For further details contact: Tom Robertson tom.robertson@infratil.com +64 4 550 5432 Authorised for release by: Andrew Carroll Infratil Chief Financial Officer