BBGI Global Infrastructure Regulatory News (BBGI)

For immediate release

17 June 2013

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.

Placing, Open Offer and Offer for Subscription

Bilfinger Berger Global Infrastructure SICAV S.A. ("BBGI" or the "Company") recently announced that it was considering raising additional capital through the issue of new ordinary shares ("Shares"). The Company is pleased to advise that its current intention is to raise new equity capital by way of a placing, open offer and offer for subscription of new Shares (the "Issue"). The Company is currently targeting a fundraising of £70 million and the issue price per Share will be at a premium to Net Asset Value per existing Share.

As announced in its interim management statement in May 2013, the Company is in advanced discussions with Bilfinger Group ("Bilfinger") in relation to the acquisition of two Canadian projects, a social infrastructure and a road project, which have been presented by Bilfinger under the Pipeline Agreement. The Company expects to deploy the net proceeds of the Issue principally to acquire these pipeline assets as well as to pay down its existing debt facility with the balance to be used for further near term investments including third party acquisitions.

In addition, the Company is in discussions with Bilfinger regarding the potential acquisition of additional projects following the announcement on 28 May 2013 that Bilfinger proposes to divest of its concessions business unit which comprises PFI/PPP projects in Australia, North America and Europe. If Bilfinger offers the Company the opportunity to acquire additional projects pursuant to the Pipeline Agreement, the target size of the Issue may be increased to a maximum of 125 million new Shares which represents the current maximum Shareholder authority to issue new Shares otherwise than on a pre-emptive basis.

It is anticipated that a prospectus relating to the Issue will be published by end June, with the Issue closing in mid-July.

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

Jefferies Hoare Govett  Tel: +44 (0)20 7029 8000

Gary GouldAlex Collins

Oriel Securities Limited  Tel: +44 (0)20 7710 7600

Neil WinwardGareth Price

Maitland +44 (0)20 7379 5151

Liz Morley

Important Notice

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.

Any investment decision must be made exclusively on the basis of the 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.