FUTURE GENERATION AUSTRALIA LIMITED — Board/Management Information 2011

Sep 18, 2011

Hastings Funds Level 16, 90 Collins Street Management Limited Melbourne VIC 3000 Australia ABN 27 058 693 388 T +61 3 8650 3600 AFSL No. 238309 F +61 3 8650 3701 Australian Infrastructure www.hfm.com.au Fund Limited Melbourne, London, San Antonio, Sydney ABN 97 063 935 553

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ASX Announcement

Australian Infrastructure Fund (AIX)

19 September 2011

Appointment of Hastings Funds Management Chief Executive

Hastings Funds Management Limited (Hastings), as Manager and Responsible Entity of AIX, is pleased to announce the appointment of Andrew Day as Chief Executive of Hastings, who will commence with Hastings on Monday 17 October 2011.

Andrew is an experienced Chief Executive with a track record of achievement both domestically and internationally. He brings a wealth of expertise gained from leading complex businesses across diverse industry, geography and various stages of development. In these roles Andrew has demonstrated strategic insight, leadership and stakeholder management skills which will be of great benefit to Hastings and its investors.

The Chairman of Hastings, Alan Cameron AO, said, “We are delighted that Andrew has chosen to join Hastings. Andrew was identified through a broad global search, and we believe his extensive senior executive experience, along with his history of successfully building businesses and teams, places Hastings in a strong position for the next stage of its growth. Andrew’s business management and leadership skills will complement those of our investment professionals across the firm”.

Andrew was until recently Chief Executive of Eircom Holdings Limited, an investment company which managed interests in the Irish telecommunications business Eircom and the Israeli directories business Golden Pages. Prior to this, Andrew was Chief Executive and then Chairman of Truvo, a private equity owned company based in Europe, which managed a complex portfolio of companies.

Prior to joining Truvo, Andrew held the position of Chief Executive Officer at Sensis in Australia where he was responsible for transforming and building Sensis into Australia’s largest advertising and search business. In Andrew’s earlier career with Telstra Corporation, he held a range of senior roles including that of Managing Director, Commercial and Consumer Sales.

Andrew holds Bachelor degrees in both Engineering and Science (dual honours) and a Masters of Engineering Science, all from the University of Adelaide.

As well as being appointed as Chief Executive, Andrew will also become a director of Hastings.

It should be noted that Jeff Pollock continues as CEO of AIX.

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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Jane Frawley 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.