Completed acquisition of new asset

19th December 2011

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

JLIF announces completed acquisition of new PFI/PPP infrastructure asset

Following the successful raising of £130.7 million, JLIF today announces the completed acquisition of North Swindon Schools PFI project from John Laing Group for a total consideration of £10.6 million. This is as outlined in the prospectus issued on 29th September 2011, and there remains only one more project to acquire - a 15% stake in the Newcastle Hospital PFI Project[i].

Contacts:

JLIF Investment Adviser Tel: 020 7901 3314

David Marshall

Andrew Charlesworth

RLM Finsbury Tel: 020 7251 3801

Faeth Birch

Philip Walters