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Jun 29, 2012 - headquartered in OECD countries, in the essential services of water, gas, ... manager with over A$124.9 billion in funds under management as.
AMP Capital Investors Limited ABN 59 001 777 591, AFSL 232497

Media Release

29 JUNE 2012

Not for release or distribution in the US

AMP Capital celebrates final close of Infrastructure Debt Fund AMP Capital’s Infrastructure Debt Fund (the Fund) has attracted €400 million from 30 global institutional investors, including Australian, Chinese, Japanese, US, German and UK pension and endowment funds. The Fund which invests in the subordinated debt of essential infrastructure assets has completed its final close after launching in late 2010. AMP Capital Global Head of Infrastructure Debt Andrew Jones said the fundraising for the debt fund had been successful. “We are very pleased with the response to our offering. Infrastructure debt investments appeal to investors because of the secured position in the capital structure and the defensive and visible earnings streams of businesses lent to,” Mr Jones said. “Our access to quality opportunities combined with our long standing position as an institutional infrastructure debt investor has given investors confidence in our ability to select quality investments in a challenging investment market. “AMP Capital’s continuous investment in infrastructure debt for over a decade has positioned us as a market leader.” The Fund has acquired £15.0 million of the recently converted BAA Toggle Facility at an attractive discount to face value. This is in addition to having arranged a £150 million subordinated debt tranche for BAA Airport of which the Fund and other AMP Capital advised clients hold £62.5 million. “We continue to see quality investment opportunities to invest in strong performing infrastructure assets,” Mr Jones said. The Fund has invested €169.5 million of the €400 million so far, in five subordinated debt projects. The portfolio is expected to consist of investments in the subordinated debt of 10 to 15 companies headquartered in OECD countries, in the essential services of water, gas, electricity, transport and hospitals.

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Media enquiries Emily Ritchie T + 61 2 9257 5615 M + 61 407 287 256 E [email protected] AMP_AU

About AMP Capital AMP Capital is a specialist investment manager with over A$124.9 billion in funds under management as at 31 March 2012 and more than 250 investment professionals. AMP Capital is one of the most experienced global infrastructure managers with more than 20 years experience and over 80 infrastructure (equity and debt) investments globally since 1988. AMP Capital was one of the first to invest in infrastructure when it participated in the financing of the Sydney Harbour Tunnel, Australia in 1988. AMP Capital’s European infrastructure business invests in a portfolio of infrastructure assets diversified by European countries and sectors including, energy/utilities, transport, social and asset life cycles. Assets include Thames Water, Wales & West Utilities, Angel Trains and Compania Logistica de Hidrocarburos (CLH). AMP Capital today manages unlisted and listed infrastructure investments in Asia, Europe, North America, Australia and New Zealand. AMP Capital is a subsidiary of AMP Limited*. Established in 1849, AMP has more than 160 years of experience providing financial services, and is one of Australia's largest retail and corporate pension providers. www.ampcapital.com

*AMP Capital has a strategic business and capital alliance with Mitsubishi UFJ Trust and Banking Corporation (MUTB), a leading Japanese trust bank which provides services to institutions and retail clients, across retail and corporate banking, trust assets, real estate and global markets. As part of the alliance, MUTB has a minority interest in AMP Capital Holdings Limited, the parent company of AMP Capital.

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