FUTURE GENERATION AUSTRALIA LIMITED — Board/Management Information 2009

Oct 5, 2009

Hastings Funds Management Limited ABN 27 058 693 388 AFSL No. 238309 Australian Infrastructure Fund Limited ABN 97 063 935 553

Total pages: 1

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Level 16, 90 Collins Street Melbourne VIC 3000 Australia T +61 3 8650 3600 F +61 3 8650 3701 www.hfm.com.au Melbourne, London, New York, Sydney

ASX Announcement

Australian Infrastructure Fund (AIX)

6 October 2009

Changes to the Board of Hastings Funds Management Limited

Hastings Funds Management Limited (HFML) as Manager and Responsible Entity for the Australian Infrastructure Fund (AIX) today announced the following changes to the Board of HFML.

Liam Forde has successfully completed a three year term as independent Chairman of HFML. As part of a Board leadership transitioning process, Alan Cameron, who joined the HFML board in April 2009, will now assume responsibility for the Chairmanship of HFML. Mr Forde remains an independent director, and will continue to chair Hastings Management Pty Ltd. The Board takes this opportunity to thank Mr Forde for his leadership during his term and looks forward to his continuing involvement.

In addition, Jim Evans and Les Vance have been appointed to the HFML Board replacing Alan Freer and Sean McElduff who will retire from the Board today. Alan Freer will continue to represent Hastings on a number of related entity boards.

Jim Evans is a highly credentialed executive with nearly forty years of corporate experience. Jim was previously the Chief Risk Officer, Wealth Management at the Commonwealth Bank of Australia (CBA), a position he had held from 2003 – 2008. Previously, Jim held a number of senior roles at CBA, Lend Lease, GEC and Grace Bros.

Les Vance is currently Corporate Counsel – Secretariat and Corporate at Westpac Banking Corporation (WBC), a position he commenced in December 2008. Prior to joining WBC, Les held a number of senior executive roles at Investa Property Group and TAB Limited.

The HFML Board welcomes Jim Evans and Les Vance and thanks Alan Freer and Sean McElduff for their contribution.

There is no change to the Board of Australian Infrastructure Fund Limited.

For further enquiries, please contact:

Jeff Pollock Simon Ondaatje Chief Executive Officer Head of Investor Relations Australian Infrastructure Fund Hastings Funds Management Tel: +61 3 8650 3600 Tel: +61 3 8650 3600 Fax: +61 3 8650 3701 Fax: +61 3 8650 3701 Email: investor_relations@hfm.com.au Email: investor_relations@hfm.com.au Website: www.hfm.com.au/aix Website: www.hfm.com.au/aix

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Claire Filson

Company Secretary

Australian Infrastructure Fund

Unless otherwise stated, the information contained in this document is for informational purposes only. It does not constitute an offer of securities and should not be relied upon as financial advice. The information has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person or entity. Before making an investment decision you should consider, with or without the assistance of a financial adviser, whether any investments are appropriate in light of your particular investment needs, objectives and financial circumstances. Neither Hastings, nor any of its related parties including Westpac Banking Corporation ABN 33 007 457 141, guarantees the repayment of capital or performance of any of the entities referred to in this document and past performance is no guarantee of future performance. Hastings, as the Manager or Trustee of various funds, is entitled to receive management and performance fees.

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