Directorate Change

HICL Infrastructure Company Limited

("HICL" or the "Company")

Directorate Change

Appointment of New Directors

Further to statements made in the Company's recent prospectus, the Board of Directors is pleased to announce the appointment of Ian Russell CBE and Susie Farnon as directors of the Company effective from 1 May 2013.

Graham Picken, Chairman said " On behalf of the Board, I am delighted to welcome Ian and Susie as new directors of the Company, following a search carried out for us by an independent recruitment consultant. The appointments, which will enlarge the directorate to take cognisance of the significant growth of the business, are designed to strengthen the board further by adding appropriate skills and experience and to facilitate succession planning.

Ian will bring to the board his experience of infrastructure and as a director of listed companies. Susie brings in depth knowledge of corporate governance and audit and her experience in a non-executive capacity of the UK construction sector will also be valuable.

All six directors will offer themselves for re-election at the Company's forthcoming AGM in July"

Ian Russell

Ian Russell CBE (British), aged 60 is resident in the UK and is a qualified accountant. He worked for Scottish Power plc between 1994 and 2006, initially as Finance Director and from 2001 as its CEO. Prior to this he spent 8 years as Finance Director at HSBC Asset Management in Hong Kong and London.

He is currently the Chairman of Johnston Press plc and a non-executive director of British Polythene plc, Mercantile Investment Trust plc and British Assets Trust plc. Ian was previously a non-executive director of The Scottish Investment Trust plc

Sally-Ann Farnon

Sally-Ann Farnon (known as Susie) (Guernsey) aged 53, resident in Guernsey, is a fellow of the Institute of Chartered Accountants in England and Wales and qualified in 1983. She was a Banking and Finance Partner with KPMG Channel Islands from 1990 until 2001 and Head of Audit KPMG Channel Islands from 1999. She has served as President of the Guernsey Society of Chartered and Certified Accountants and as a member of The States of Guernsey Audit Commission and The Guernsey Public Accounts Committee. She is Vice-Chairman of The Guernsey Financial Services Commission and a Non-Executive Director of a number of property and investment companies.

Other public company directorships: Breedon Aggregates Limited, Cenkos Channel Islands Limited, Dexion Absolute Limited and Standard Life Investments Property and Income Trust Limited. In the previous five years she has also been a director of Bailiwick Investments Limited, which was publicly quoted on the CISX, New River Retail Limited, which was publicly quoted on AIM and the CISX at the time, and Rapid Realisations Limited which was publicly quoted on AIM. She is no longer a director of these companies.

There is no further information to be disclosed under Listing Rule 9.6.13R.

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