Media release

MACQUARIE GLOBAL INFRASTRUCTURE TOTAL RETURN FUND DECLARES FIRST QUARTERLY DISTRIBUTION

NEW YORK, November 02, 2005 – Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) (the “Fund”) today declared its first regular quarterly distribution for the period ending December 31, 2005 of $0.375 per share.

Jon Fitch, the Portfolio Manager of the Fund, said “we are happy with the Fund’s progress in ramping up its portfolio despite recent weak market conditions.  We have invested more than 75% of the proceeds from the Fund’s IPO as of October 31 and the portfolio is invested in companies in a range of infrastructure businesses around the globe.  We remain committed to the Fund’s investment strategy and are encouraged by the continued trend of privatizations and new infrastructure listings globally”.

Based on the Fund’s Net Asset Value of $22.98 and New York Stock Exchange closing price of $21.16 on November 1, 2005, the distribution is equal to an annualized distribution rate of 6.5% at NAV and 7.1% at market price respectively. 

A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions in 2005, including the percentage of qualified dividend income, will be made after year-end.

The $0.375 per share quarterly distribution reflects a level dividend distribution policy of the Fund intended to provided shareholders with a relatively stable cash flow.  The policy may be changed or discontinued without notice.

The distribution will be payable on December 20, 2005 to shareholders of record on December 10, 2005, with an ex-dividend date of December 7, 2005.

Past performance is no assurance of future results.  Investment return and market value of an investment in the Fund will fluctuate.  Shares, when sold, may be worth more or less than their original costs.

About Macquarie Global Infrastructure Total Return Fund
The Macquarie Global Infrastructure Total Return Fund Inc. is a newly organized, non-diversified closed-end fund. The Fund invests in a non-diversified portfolio of equity, debt, preferred or convertible securities and other instruments that are issued by US and non-US companies that own, operate or manage infrastructure assets. The Fund’s investment advisor is Macquarie Infrastructure Fund Adviser, LLC, a member of the Macquarie group of companies.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus which contains this and other information visit www.macquarie.com/mgu or call 1-800-910-1434.  Please read the Fund’s prospectus carefully before investing.

For further information, please contact:

Investor/Broker Enquiries
1-800-910-1434

Website
www.macquarie.com/mgu

Media Enquiries
Alex Doughty
Corporate Communications
Macquarie Group
Tel: 212-231-1710