Macquarie International Infrastructure Fund

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MIIF AGREES TO SELL ENTIRE INTEREST IN CHANGSHU XINGHUA PORT

Macquarie International Infrastructure Fund Limited (“MIIF”) today announced that it has agreed to sell its 38.0 per cent effective interest in Changshu Xinghua Port (“CXP”) for a total cash consideration of S$112.2 million (the “Proposed Divestment”). The Proposed Divestment will be made to a wholly-owned subsidiary of Pan-United Corporation Ltd and Petroships Investment Pte Ltd, both of which are existing shareholders of CXP.

The amount of net proceeds to be distributed to Shareholders as a return of capital from the Proposed Divestment is expected to be 9.5 Singapore cents per share.