John Laing Infrastructure Fund Regulatory News (JLIF)

23 March 2018

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

2017 Second Interim Dividend

The Board has declared an interim dividend covering the period 1 July 2017 to 31 December 2017.

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.

Note: 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 Hardy

Finsbury 020 7251 3801

Faeth Birch

Philip Walters