Share Dividend Circular

23 May 2016

BBGI SICAV S.A.

(the "Company")

Scrip Dividend Circular

BBGI SICAV S.A. (LSE ticker: BBGI), the global infrastructure investment company, confirms that a copy of the Company's Scrip Dividend Circular dated 23 May 2016 has today been posted to shareholders. It has also been submitted to the National Storage Mechanism ("NSM") and is now available for inspection at www.morningstar.co.uk/uk/nsm *.

The Scrip Dividend Circular is also available to view on, and download from, the Company's website at www.bb-gi.com * and may be inspected by shareholders during normal working hours at the registered office of the Company. Shareholders may also request that copies are sent to them free of charge.

For further information, please contact:

BBGI Management Team +352 263 479-1

Duncan Ball

Frank Schramm

BBGI owns a global portfolio of 39 infrastructure assets. These are PPP assets and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.

Further information about BBGI is available on its website at www.bb-gi.com *.

Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).

* Neither the NSM website nor the Company website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.