International Public Partnerships Regulatory News (INPP)

15 Jan 2008 07:00

Babcock&Brown Public Ptnrships Ltd15 January 2008 Babcock & Brown Public Partnerships Limited Press Release This announcement and the information contained herein is restricted and is not for publication, release or distribution in whole or in part in Australia, Canada, Japan or the United States. 15 January 2008 Proposed Fund Raising Following the acquisitions of the assets approved by shareholders at theExtraordinary General Meeting of the Company on 14 December 2007 substantiallyall the cash raised by Babcock & Brown Public Partnerships ("BBPP") at the timeof its IPO has, as previously advised, been committed to investments. In response to enquiries from both new and existing investors and in light ofthe solid investment performance of the Company since its launch in November2006 as well as the Company's belief in the continuing strength of its pipelineof opportunities, the Board of BBPP confirms that it is currently consideringraising additional equity through a C share offering. Enquiries Babcock & Brown Investment Management Limited: +44 (0)20 7203 7300 Investors Bianca FrancisMedia Anthony Kennaway Heritage International FundManagers Limited, Secretary: +44 (0)1481 716000 Laurence McNairn This announcement does not constitute an offer of, or the solicitation of anoffer to buy or subscribe for, ordinary shares to any person in anyjurisdiction to whom or in which such offer or solicitation is unlawful and, inparticular, is not for release, publication or distribution in or into theUnited States, Australia, Canada or Japan. This information is provided by RNS The company news service from the London Stock Exchange