John Laing Infrastructure Fund Regulatory News (JLIF)

28 August 2013

John Laing Infrastructure Fund Limited ("the Company" or "JLIF")

2013 Interim Dividend

The Board has declared an interim dividend covering the period 1 January 2013 to 30 June 2013.

The interim dividend of 3.125 pence is in line with the increased target dividend payment of 6.25 per cent. per annum on the launch price of 100 pence per ordinary share, announced by the Company in March 2013.

The Directors intend that the Company will generally restrict distributions (by way of dividend or otherwise) to the level of distributable cash flows, and dividends to the level of income from the Fund's investments, as recognised in the relevant financial period. Any such dividend or distribution shall be made conditional on the passing of the solvency test under Guernsey law.

Distributions on the shares are expected to be paid twice a year, normally in respect of the six month period to 30 June and 31 December respectively, and are expected to be made by way of interim dividends.

The Board intends to offer a scrip dividend alternative for this distribution to those investors who wish to receive additional JLIF securities in lieu of a cash payment. A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with scrip dividend election forms will be mailed on or about 16 September 2013 to all eligible JLIF shareholders on the register as at the record date for the dividend, being 6 September 2013. The scrip dividend election forms will need to be completed and returned to Capita Registrars Limited by 4 October 2013 by those investors who wish to receive shares in lieu of cash other than those shareholders who have previously given a Scrip Dividend Mandate to the Company.

Note: The above distribution guidance is a target only and not a profit forecast. There can be no assurance that this target will be met or that the Company will make any distributions whatsoever. The times and dates in this announcement are expected times and dates only and are subject to change. Any such changes will be notified to shareholders through a regulatory information service.

For further information, please contact:

John Laing Capital Management Limited 020 7901 3326

David Marshall

Andrew Charlesworth

Finsbury 020 7251 3801

Faeth Birch

Phillip Walters