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Macquarie Infrastructure Group Provides Management Information Report
Friday May 2, 2008, 9:45 am

Original Announcement: Management Information Report

Macquarie Infrastructure Group provided the Management Information report for the quarter ended 31 March 2008. The Company reported operating revenue of $273.9m for the 3 months to 31 March 2008 compared to $252.6m for the pcp; proportionate earnings of $40.2m for the for the 3 months to 31 March 2008 compared to $41.6m for the pcp; and a total net debt of $9,618.9m as at 31 March 2008 compared to $8,672.8m as at 30 June 2007. The Company's underlying traffic, revenue and EBITDA from road assets increased 3.6%, 8.4% and 9.4% respectively against pcp for the quarter ended 31 March 2008. These results were positively impacted by the continued traffic growth at the Autoroutes Paris-Rhin-Rhone, 407 ETR and Westlink M7, being partially offset by the negative impact across the portfolio by an early Easter break and harsher winter weather conditions affecting MIG's North American assets. On a YTD basis, MIG's underlying traffic, revenue and EBITDA from road assets was up 2.4%, 8.6% and 10.1% respectively.

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