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1 Macquarie Atlas Roads Limited ACN Macquarie Atlas Roads International Limited EC43828 No. 1 Martin Place SYDNEY NSW 2000 GPO Box 4294 SYDNEY NSW 1164 AUSTRALIA Telephone Facsimile Internet: DX SSE Rosebank Centre 11 Bermudiana Road Pembroke HM08 BERMUDA 23 April ASX RELEASE Macquarie Atlas Roads REVENUE AND TRAFFIC STATISTICS 1 st Quarter Macquarie Atlas Roads (MQA) today released its March quarter revenue and traffic statistics for each of its portfolio toll roads. Weighted average revenue for the March quarter increased by 0.7% on the prior corresponding period (pcp), reflecting the continuing positive impact of the revised toll schedules implemented over the last 12 months. Weighted average traffic for the period was 2.0% lower than pcp, largely reflecting weak traffic performance across MQA s European toll road assets. The table below provides a summary of the revenue and traffic performance against pcp. Traffic Metric 1 Revenue vs pcp Traffic vs pcp APRR Total VKT 1.6% (0.5%) Dulles Greenway ADT 9.1% 0.8% M6 Toll ADT (9.6%) (12.9%) Chicago Skyway ADT 1.5% (0.7%) Indiana Toll Road FLET 5.3% 1.9% Warnow Tunnel ADT 2.1% (3.9%) 1. Measured as Total Vehicle Kilometres Travelled (VKT), (ADT) and Full Length Equivalent Trips (FLET). kçåé=çñ=íüé=éåíáíáéë=åçíéç=áå=íüáë=ççåìãéåí=áë=~å=~ìíüçêáëéç=çééçëáíjí~âáåö=áåëíáíìíáçå=ñçê=íüé=éìêéçëéë=çñ=íüé=_~åâáåö=^åí=nvrv= E`çããçåïÉ~äíÜ=çÑ=^ìëíê~äá~FK==qÜÉ=çÄäáÖ~íáçåë=çÑ=íÜÉëÉ=ÉåíáíáÉë=Çç=åçí=êÉéêÉëÉåí=ÇÉéçëáíë=çê=çíÜÉê=äá~ÄáäáíáÉë=çÑ=j~Åèì~êáÉ=_~åâ=iáãáíÉÇ= ^_k=qs=mmu=rup=rqo=ej_ifk==j_i=ççéë=åçí=öì~ê~åíéé=çê=çíüéêïáëé=éêçîáçé=~ëëìê~ååé=áå=êéëééåí=çñ=íüé=çääáö~íáçåë=çñ=íüéëé=éåíáíáéëk= = _3.DOC

2 Macquarie Atlas Roads = O= 1 AUTOROUTES PARIS-RHIN-RHÔNE (APRR) At the completion of the anticipated acquisition of the remaining minority interests by Eiffarie SAS, MQA will own an estimated 19.4% ownership interest in APRR, in France. Table 1: Autoroutes Paris-Rhin-Rhône APRR Traffic Statistics Toll Revenue Revenue ( m) % Total Vehicle Kilometres Travelled (VKT) (millions) Light Vehicles 3,995 3,989 (0.2%) Heavy Vehicles (2.4%) Total 4,840 4,813 (0.5%) Workdays in Period Non Workdays in Period During the March quarter, total traffic (VKT) decreased by 0.5% compared to the first quarter of. Light vehicle traffic was slightly below pcp, mainly caused by a reduction in long distance traffic. Heavy goods vehicle traffic was down 2.4% on the quarter, impacted by the lacklustre economic climate. Toll revenues continued their positive trend with a total of 463.5m collected during the quarter, an increase of 1.6% on pcp. This was driven by the tariff increase effective from 1 February. MQA ASX Traffic Release March Quarter

3 Macquarie Atlas Roads = P= 2 DULLES GREENWAY, VIRGINIA MQA owns an estimated 50% economic interest in TRIP II LP, the owner of the concession for the Dulles Greenway in Virginia, United States. Table 2: TRIP II Dulles Greenway Traffic Statistics Revenue (US$) 175, , % Average Workday Trips 52,581 53, % Weekends/Public Holidays 27,007 26,397 (2.3%) All Days 44,624 44, % Non-cash transactions 89.9% 90.7% 0.8% Workdays in Period Non Workdays in Period Tolls on the Greenway increased on 1 January by an average of approximately 8%, in accordance with the toll structure approved by the Virginia State Corporation Commission. Peak period, peak direction tolls for cars increased from US$4.50 to US$4.80, and tolls for cars travelling in the non-peak direction and during off-peak periods increased from US$3.70 to US$4.00. Average daily traffic and revenue during the March quarter increased by 0.8% and 9.1% respectively compared to pcp. The traffic performance reflects milder winter conditions during the quarter as well as limited toll elasticity. Average daily traffic on the adjoining Dulles Toll Road was 1.1% lower than first quarter levels. MQA ASX Traffic Release March Quarter

4 Macquarie Atlas Roads = Q= 3 MIDLAND EXPRESSWAY LIMITED M6 TOLL MQA owns a 100% interest in Midland Expressway Limited, the owner of the concession for the M6 Toll in the West Midlands, United Kingdom. Table 3: Midland Expressway Limited M6 Toll Traffic Statistics Revenue ( ) 150, ,366 (9.6%) Average Workday Trips 40,459 35,396 (12.5%) Weekends/Public Holidays 21,958 18,618 (15.2%) All Days 34,909 30,418 (12.9%) Non-cash transactions 68.4% 72.5% 4.1% Workdays in Period Non Workdays in Period Average daily traffic during the quarter was 12.9% below pcp. This reflects the continuing weak economic conditions in the United Kingdom as well as operational improvements on the competing M6 motorway which has implemented Active Traffic Management and Hard Shoulder Running to reduce congestion on several sections. However, narrow lane operations and reduced speed limits for upcoming road works on competing sections of the M6 motorway are being phased in during the second half of April. Average daily revenues were 9.6% below pcp, with the revised toll schedule introduced on 1 March partially offsetting the impact of the lower traffic volumes. MQA ASX Traffic Release March Quarter

5 Macquarie Atlas Roads = R= 4 CHICAGO SKYWAY, ILLINOIS MQA owns a 22.5% interest in Skyway Concession Company LLC, the owner of the concession for the Chicago Skyway in Illinois, United States. Table 4: Skyway Concession Company LLC Chicago Skyway Traffic Statistics Revenue (US$) 158, , % Average Workday Trips 35,077 35, % Weekends/Public Holidays 36,654 35,616 (2.8%) All Days 35,568 35,320 (0.7%) Non-cash transactions 60.5% 63.4% 2.9% Workdays in Period Non Workdays in Period Average daily traffic during the March quarter declined 0.7% on pcp despite milder winter weather conditions. Light vehicle traffic (which accounted for more than 90% of total traffic) declined 1.6% while heavy vehicle traffic increased 8.2% compared to pcp, resulting in an average daily revenue increase of 1.5% for the quarter. MQA ASX Traffic Release March Quarter

6 Macquarie Atlas Roads = S= 5 INDIANA TOLL ROAD, INDIANA MQA owns a 25% interest in ITR Concession Company LLC, the owner of the concession for the Indiana Toll Road in Indiana, United States. Table 5: ITR Concession Company LLC Indiana Toll Road Traffic Statistics Revenue (US$) 410, , % Ticket FLET 2 18,617 18, % Barrier FLET 2 39,424 40, % Non-cash Ticket 69.0% 71.6% 2.6% Non-cash Barrier 70.7% 72.8% 2.1% Workdays in Period Non Workdays in Period Full Length Equivalent Trips (FLET) for Indiana Toll Road is derived by taking a weighted average of the Ticket and Barrier systems average daily traffic. During the quarter, Indiana Toll Road s system-wide average daily traffic (FLET) was 1.9% above pcp. Average daily ticket system traffic was 2.0% above pcp with light vehicle and heavy vehicle traffic 2.2% and 1.8% above 1Q levels respectively. Average daily barrier traffic was up 1.6% on the March quarter with light vehicle traffic increasing 0.4% and heavy vehicle traffic increasing 11.7% compared to pcp. Traffic benefited from the completion of construction on the barrier system in late 4Q as well as milder winter conditions. Average daily revenue was up 5.3% for the quarter as a result of higher traffic as well as the revised toll schedule introduced on 1 July. MQA ASX Traffic Release March Quarter

7 Macquarie Atlas Roads = T= 6 WARNOW TUNNEL MQA owns a 70% interest in Warnowquerung GmbH & Co. KG, the owner of the concession for the Warnow Tunnel in Rostock, Germany. Table 6: Warnowquerung GmbH & Co. Warnow Tunnel Traffic Statistics Revenue ( ) 19,412 19, % Workdays 10,915 10,538 (3.4%) Weekends/Public Holidays 6,810 6,386 (6.2%) All Days 9,729 9,352 (3.9%) Workdays in Period Non Workdays in Period Average daily traffic for the March quarter was 3.9% below pcp due to a strong comparator that benefited from a milder winter last year and construction works on the competing L22 that started on the 14th of March. Revenue for the quarter increased 2.1% on pcp as a result of the revised toll schedule introduced on 1 November. For further information, please contact: Mary Nicholson Amanda Mitchell Chief Financial Officer Public Affairs Manager Tel: Tel: +44 (0) Mary.Nicholson@macquarie.com Amanda.Mitchell@macquarie.com MQA ASX Traffic Release March Quarter