MIIF - Notice of Books Closure and Dividend Date

04 August 2005

The register of shareholders of Macquarie International Infrastructure Fund Limited (MIIF) will be closed at 5.00 p.m. on 22 August 2005 for the purpose of determining shareholders’ entitlements to MIIF’s interim dividend of 2.2 cents per share for the quarter ended 30 June 2005.

Registrable transfers received by MIIF's Singapore share transfer agent, M & C Services Private Limited at 138 Robinson Road #17-00, The Corporate Office, Singapore 068906 up to 5.00 p.m. on 22 August 2005 will be registered before entitlements to the interim dividend are determined.

Shareholders whose securities accounts are with The Central Depository (Pte) Limited (“CDP”) are credited with MIIF shares at 5.00 p.m. on 22 August 2005 will be entitled to the interim dividend that will be paid on 9 September 2005.

In respect of shares in securities accounts with CDP, the interim dividend will be paid by MIIF to CDP which will in turn distribute the interim dividend entitlements to the CDP account holders in accordance with its normal practice.

As MIIF was incorporated in Bermuda and is not a resident in Singapore for tax purposes, dividends paid by MIIF will be regarded as foreign-source income. The foreign dividend is subject to Singapore income tax when received in Singapore by corporate Shareholders. Foreign dividends received by foreign investors with no permanent establishments in Singapore are generally not subject to Singapore income tax.

Foreign dividends received by individuals in Singapore (whether resident or otherwise) are exempt
from Singapore income tax.

Singapore does not currently impose withholding tax on dividends paid to non-Singapore tax resident
Shareholders.

For further information please contact:

Investor Enquiries
Lianne Buck
Macquarie International Infrastructure Fund
Tel: (61 2) 8232 3965
Email: lianne.buck@macquarie.com

Media Enquiries
Jane Rotsey
Public Affairs Manager
Mobile: (61) 401 997 160
Email: jane.rotsey@macquarie.com