HICL Infrastructure Regulatory News (HICL)

1 June 2016

HICL Infrastructure Company Limited

Directorate Change

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 Simon Holden as a non-executive director with effect from 1 July 2016. This appointment has been made following a comprehensive search carried out by a third party recruitment consultant.

Mr Holden is a Guernsey resident and has more than 15 years of experience in private equity investment and portfolio company operations roles. Working initially with Candover Investments and latterly Terra Firma Capital Partners since 2008, he has completed a number of successful buy-outs and held a number of Board-level operational roles alongside the executive teams of portfolio companies. Mr Holden left Terra Firma in late 2015 to take up a limited number of independent directorships of alternative investment funds, and fiduciary and trading company clients.

He graduated from the University of Cambridge with an MEng and MA (Cantab) in Manufacturing Engineering, holds the IMC and is a member of the States of Guernsey's GIFA, NED Forum and IP Commercial Group. Mr Holden has no other listed company directorships.

Mr Holden's appointment follows the announcement of the resignation of Mr Graham Picken and Mr John Hallam from the Board of the Company with effect from 30 June 2016.

Ian Russell, Chairman of the Company, said:

"I am delighted to welcome Simon to the Board. He has extensive experience relevant to the HICL Group's activities which is complementary to the skillsets of the existing Directors, thereby strengthening the Board overall.

Simon will be subject to election at the Company's forthcoming AGM in July, at the same time as the other five directors are put forward for re-election."

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

Enquiries

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

Tony RoperKeith PickardLaurence RichardsonHarry Seekings

Tulchan Communications +44 (0) 20 7353 4200

David Lloyd-SeedLatika Shah

Canaccord Genuity Limited +44 (0) 20 7523 8000

Dominic WatersNeil BrierleyWill BarnettDavid Yovichic

HICL Infrastructure Company Limited

HICL Infrastructure Company Limited ("HICL" or the "Company", and together with its subsidiaries the "HICL Group") is a long term investor in infrastructure projects which are predominantly in their operating phase and yielding steady returns. It was the first infrastructure investment company to be listed on the London Stock Exchange. With a current portfolio of 106 social and transportation infrastructure investments (and one conditional investment) with predominantly availability-based income streams, it is seeking further suitable investment opportunities which fit its stated Investment Strategy.

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

Investment Adviser

The Investment Adviser to HICL is InfraRed Capital Partners Limited ("InfraRed") which has successfully invested in over 160 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, Paris, Seoul and Sydney. With over 120 professionals it manages in excess of USD 9bn 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.

The infrastructure investment team at InfraRed consists of 60 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.

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