BBGI Global Infrastructure Regulatory News (BBGI)

4 December 2013

THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS, ANY OFFER FOR SALE OR SUBSCRIPTION OF, OR SOLICITATION OF ANY OFFER TO BUY OR SUBSCRIBE FOR, ANY SHARES IN ANY JURISDICTION.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO US PERSONS OR IN OR INTO THE UNITED STATES, OR INTO OR FROM CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

Bilfinger Berger Global Infrastructure SICAV S.A.

Acquisition of Further Investments

Bilfinger Berger Global Infrastructure SICAV S.A. ("BBGI" or the "Company") is pleased to announce that it has signed an agreement with Graham Investment Projects Limited (the "GIP Acquisition Agreement") in relation to the acquisition of additional equity and subordinated debt interests in three assets, being Lagan College, Tor Bank School and DBFO-1 Road Service (M1 Westlink), all of which are in Northern Ireland. The total cash consideration payable is approximately £9 million.

· Lagan College is a concession to build a school and partially refurbish and remodel an existing school building in Northern Ireland. Under the existing sale and purchase agreement with Bilfinger Group, as announced on 15 November 2013 (the "Sale and Purchase Agreement"), it is proposed that BBGI will acquire 70% of the equity and subordinated debt in this project from the Bilfinger Group. Under the GIP Acquisition Agreement, BBGI will acquire the remaining 30% of the equity interest and subordinated debt in the project.

· Tor Bank School is a concession to develop, fund, build, operate and manage a new school for pupils with special education needs in Northern Ireland. Under the Sale and Purchase Agreement it is proposed that BBGI will acquire 70% of the equity and subordinated debt in this project. Under the GIP Acquisition Agreement, BBGI will acquire the remaining 30% of the equity interest and subordinated debt in the project.

· DBFO-1 Road Service (M1 Westlink) is a concession to design, upgrade, finance and operate the M1 Westlink road scheme in Belfast. Under the Sale and Purchase Agreement, it is proposed that BBGI will acquire 75% of the equity and subordinated debt in this project. Under the GIP Acquisition Agreement, BBGI will acquire the remaining 25% of the equity and subordinated debt.

On completion of the acquisitions, BBGI will control 100% of the equity and subordinated debt in all three assets.

The GIP Acquisition Agreement is conditional inter alia on BBGI raising funding and obtaining relevant third party consents from project counterparties. The acquisitions are expected to be completed in December 2013 or Q1 2014.

All the assets are classified as availability-based under the investment policy of the Company and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.

Frank Schramm, Co-CEO said:

"We are delighted to announce the agreement to acquire the additional equity interests in these high quality PPP/PFI assets. This follows the recent announcements of the proposed acquisitions of the Pipeline Assets from Bilfinger Group on 15 November 2013 and the additional investment interests from Assura Group Limited on 25 November 2013, providing further growth momentum for BBGI."

Further information about BBGI is available on its website at www.bb-gi.com. 

For further information please contact:

BBGI Management Team +352 2634791

Frank Schramm

Duncan Ball

Maitland +44 (0)20 7379 5151

Liz Morley

Unless otherwise defined, the terms used in this Announcement shall have the same meaning as set out in the 19 November 2013 Prospectus.

Important Notice

This announcement is for information purposes only. This announcement is not a prospectus. This announcement does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in Bilfinger Berger Global Infrastructure SICAV S.A. (the "Company") or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This announcement does not constitute a recommendation regarding any securities. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness.

Any investment decision must be made exclusively on the basis of any prospectus published by the Company and any supplement thereto in connection with the admission of ordinary shares of the Company ("Ordinary Shares") to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities.

Jefferies International Limited and Oriel Securities Limited (together, the Joint Sponsors) each of which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, are acting exclusively for the Company and no-one else in connection with the Issue or the matters referred to in this announcement, will not regard any other person as their respective client in relation to the Issue and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients or for providing advice in relation to the Issue or any transaction or arrangement referred to in this announcement.