Infra.india Regulatory News (IIP)

Infrastructure India plc

Result of EGM

Infrastructure India, an investment company focused on Indian infrastructure assets, is pleased to announce that at the extraordinary general meeting ("EGM") held at 11.30am today, all resolutions put to shareholders were duly passed. The Company received forms of proxy in respect of 53,862,630 Ordinary Shares, representing approximately 65.74 per cent. of the Company's issued share capital, all of which were in favour of the resolutions.

As set out in its admission document published on 11 February 2011, it is expected that re-admission of the enlarged issued share capital of the Company, following the placing of Ordinary Shares with Guggenheim Global Infrastructure Limited ("GGIC") and the acquisition of the GGIC Assets, to trading on AIM, will take place on 3 March 2011. A further announcement will be made in due course.

Commenting on the result, Rupert Cottrell, Chairman of Infrastructure India, said:

"We are delighted to have received strong support from our shareholders. This transaction is a significant positive step for Infrastructure India. It will increase the Company's infrastructure profile and presence in India and enhances the Company's ability to pursue further strategic investment opportunities.

"Alongside the placing and acquisitions, we look forward to benefiting from the extensive experience of the enlarged Board in order to drive the Company forward and hopefully, in time, become a meaningful player with our partners in Indian infrastructure projects."

Capitalised terms used in this announcement will have the same meaning as in the admission document dated 11 February 2011 unless the context requires otherwise.

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