Equity Partners Infrastructure Company (EPIC) invests in world-class infrastructure assets, including Thames Water, the largest water and wastewater company in England and Wales. EPIC has achieved a dividend yield of 9.1 cents per share for the financial year ended 31 March 2009. EPIC intends to operate its business in a manner that aims to achieve a target return on or about that level for the foreseeable future.

EPIC is seeking to raise funds through a rights issue and general offer to repay part of the debt used to acquire its investment in Moto International, the UK’s leading operator of Motorway Service Areas, and the costs of the offer. Proceeds not required for this purpose will be used for additional investments as and when they become available. Moto provides 120 million customers a year with essential commuter services including fuel, food and drinks, magazines and books. It has 64 motorway sites and 38% market share.

You now have the opportunity to diversify your investments away from the New Zealand economy by investing in EPIC and gain access to these world-class infrastructure assets.

Offer closes at 5pm, 18 September 2009 (unless extended by EPIC). For more information refer to the combined Investment Statement and Prospectus which can be obtained from your financial adviser, call Macquarie on 0800 742 737 or go to http://www.macquarie.com/nz/index.htm