HICL Infrastructure Regulatory News (HICL)

27 March 2019

HICL Infrastructure Company Limited

Appointment of a New Director

The Board of Directors of HICL Infrastructure Company Limited (the "Company"), the listed infrastructure investment company advised by InfraRed Capital Partners Limited, is pleased to announce the appointment of Frances Davies as a non-executive director of HICL Infrastructure PLC, with effect from 1 April 2019. This appointment has been made following a comprehensive search carried out by a third-party recruitment consultant.

Ms Davies has more than 30 years of experience across various roles within the banking and asset management industries. Since 2007, she has been a partner of Opus Corporate Finance, a corporate finance advisory business. Prior to that she served as Head of Global Institutional Business at Gartmore Investment Management where she was responsible for Gartmore's relationships with pension funds and other institutions within the UK, Europe and the US. Previously she held roles at Morgan Grenfell Asset Management and SG Warburg.

Ms Davies graduated with a MA in Philosophy, Politics and Economics and a M.Phil in Management Studies, both from Oxford University.

Ms Davies currently serves as a non-executive director of JPMorgan Smaller Companies Investment Trust plc; an independent member of the Aviva With-Profits Committee; a non-executive director of Aegon Investments Ltd; and is a member of the Hermes Property Unit Trust committee.

Ian Russell, Chairman of the Company, said: "I am delighted to welcome Frances to the Board. She has had a long career working at a senior level in the asset management industry, in particular. Her experience is relevant and complements the skillsets of the existing Directors, thereby strengthening the Board overall."

There is no further information to be disclosed under Listing Rule 9.6.13R.

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Enquiries

InfraRed Capital Partners Limited +44 (0) 20 7484 1800

Harry Seekings

Keith Pickard

Tulchan Communications +44 (0) 20 7353 4200

David Allchurch

Canaccord Genuity Limited +44 (0) 20 7523 8000

David Yovichic

RBC Capital Markets +44 (0) 20 7653 4000

Darrell Uden

HICL Infrastructure Company Limited

HICL Infrastructure Company Limited ("HICL Guernsey" or the "Company", and together with its subsidiaries the "Group") is a long-term investor in infrastructure assets which are predominantly operational and yielding steady returns. It was the first infrastructure investment company to be listed on the London Stock Exchange.

With a current portfolio of 118 infrastructure investments, HICL is seeking further suitable opportunities, which are positioned at the lower end of the risk spectrum, in three target markets segments: PPP projects; regulated assets; and demand-based assets.

Further details can be found on the HICL website www.hicl.com.

Investment Adviser (InfraRed Capital Partners)

The Investment Adviser to HICL is InfraRed Capital Partners Limited ("InfraRed") which has successfully invested in over 200 infrastructure projects since 1997. InfraRed is a leading international investment manager focused on infrastructure and real estate. It operates worldwide from offices in London, Hong Kong, New York, Seoul and Sydney. With over 140 professionals it manages in excess of US$10bn of equity capital in multiple private and listed funds, primarily for institutional investors across the globe. InfraRed is authorised and regulated by the Financial Conduct Authority. InfraRed has been appointed as the alternative investment fund manager of HICL UK.

The infrastructure investment team at InfraRed consists of over 75 investment professionals, all with an infrastructure investment background and a broad range of relevant skills, including private equity, structured finance, construction, renewable energy and facilities management.

InfraRed implements best-in-class practices to underpin asset management and investment decisions, promotes ethical behaviour and has established community engagement initiatives to support good causes in the wider community. InfraRed is a signatory of the Principles of Responsible Investment.

Further details can be found on InfraRed's website www.ircp.com.