Completion of acquisition

15 October 2012

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

JLIF announces completed acquisition

Following its recent successful capital raise of £60.4 million, JLIF is pleased to announce that on Friday 12th October 2012 it completed the acquisition of a new PPP infrastructure asset, Pembury Hospital. The 37.5% stake is valued at £22.0 million. This is as outlined in the prospectus issued on 7th September 2012.

This acquisition marks the completion of the three assets JLIF acquired from John Laing as part of the recent capital raise. Further, it takes the number of assets in the JLIF portfolio to 37.

David Marshall from John Laing Capital Management, Fund Manager to JLIF, said:

"We are delighted to announce the acquisition of these high quality operational assets following the recent capital raise. JLIF has now completed all three acquisitions described in the prospectus issued in September, fully invested the funds received from the capital raise and has utilised its cash balance in order to maximise the return for its shareholders investment. These assets further diversify JLIF's existing portfolio and JLCM continues to actively seek new opportunities for acquisition."

Contacts:

JLIF Investment Adviser Tel: 020 7901 3326

David Marshall

Andrew Charlesworth

RLM Finsbury Tel: 020 7251 3801

Faeth Birch

Philip Walters