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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 July ASX RELEASE Macquarie Atlas Roads TOLL REVENUE AND TRAFFIC STATISTICS 2 nd Quarter Macquarie Atlas Roads (MQA) today released its June quarter toll revenue and traffic statistics for each of its portfolio toll roads. Weighted average toll revenue for the June quarter increased by 1.0% on the prior corresponding period (pcp) with revised toll schedules implemented over the last 12 months offsetting the weaker economic conditions in Europe. Weighted average traffic for the period was 1.7% lower than pcp, largely reflecting weak traffic performance across MQA s European toll road assets. Weighted average toll revenue for the six months to 30 June grew 0.9% on levels while traffic over the same period was 1.9% below pcp. The table below provides a summary of the revenue and traffic performance against pcp. Toll Revenue vs pcp Traffic vs pcp Traffic Metric 1 Jan-Jun Jan-Jun Qtr YTD Qtr YTD APRR Total VKT (0.5%) 0.5% (2.5%) (1.6%) Dulles Greenway ADT 8.3% 8.6% 0.3% 0.5% M6 Toll ADT 3.1% (3.1%) 0.6% (6.1%) Chicago Skyway ADT 4.9% 3.3% 1.1% 0.3% Indiana Toll Road FLET 7.7% 6.5% 2.6% 2.2% Warnow Tunnel ADT (7.1%) (3.2%) (12.2%) (8.6%) 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= = _4.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) (0.5%) Total Vehicle Kilometres Travelled (VKT) (millions) Light Vehicles 4,475 4,385 (2.0%) Heavy Vehicles (5.2%) Total 5,324 5,190 (2.5%) Workdays in Period Non Workdays in Period During the June quarter, total traffic (VKT) decreased by 2.5% compared to pcp. Light vehicle traffic was 2.0% below pcp despite the additional two public holidays during the period. Traffic numbers were adversely impacted by a number of external factors including record-high fuel prices, poor weather, the French elections and the weak economic conditions. Heavy goods vehicle traffic was down 5.2%, impacted by weakening industrial production levels and the fewer workdays during the quarter. Toll revenues were down slightly with a total of 487.4m collected during the quarter, a decrease of 0.5% on pcp. However, toll revenues for the first six months of remain 0.5% higher than the corresponding period in. MQA ASX Traffic Release June 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$) 189, , % Average Workday Trips 55,831 55,691 (0.2%) Weekends/Public Holidays 31,109 30,999 (0.4%) All Days 48,224 48, % Non-cash transactions 89.4% 90.1% 0.7% Workdays in Period Non Workdays in Period Average daily traffic and revenue during the June quarter increased by 0.3% and 8.3% respectively compared to pcp. The traffic performance reflects continued limited toll elasticity and the extra workday compared to the same period in. Average daily traffic on the adjoining Dulles Toll Road was 2.4% lower than second quarter levels. 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. MQA ASX Traffic Release June 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 ( ) 160, , % Average Workday Trips 40,903 41, % Weekends/Public Holidays 26,075 25,289 (3.0%) All Days 35,852 36, % Non-cash transactions 65.4% 67.1% 1.7% Workdays in Period Non Workdays in Period Average daily traffic during the quarter was 0.6% above pcp. Traffic levels on the M6 Toll have started to benefit from construction activities on the competing M6 motorway which began in late April; however performance continues to be impacted by the continuing weak economic conditions in the United Kingdom. Average daily revenues were 3.1% above pcp, due to a combination of increased traffic levels and the revised toll schedule introduced on 1 March. MQA ASX Traffic Release June 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$) 189, , % Average Workday Trips 42,161 43, % Weekends/Public Holidays 46,959 46,197 (1.6%) All Days 43,637 44, % Non-cash transactions 59.2% 62.4% 3.2% Workdays in Period Non Workdays in Period Average daily traffic during the June quarter increased 1.1% on pcp largely driven by increases in heavy vehicle volumes. Light vehicle traffic (which accounted for more than 90% of total traffic) was 0.4% below pcp, while heavy vehicle traffic increased 18.9% compared to pcp. Overall average daily revenue increased 4.9% for the quarter. MQA ASX Traffic Release June 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$) 477, , % Ticket FLET 2 24,403 24, % Barrier FLET 2 49,726 51, % Non-cash Ticket 65.6% 68.3% 2.7% Non-cash Barrier 67.6% 70.1% 2.6% 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 2.6% above pcp. Average daily ticket system traffic was 2.2% above pcp with light vehicle and heavy vehicle traffic both being 2.2% above pcp levels respectively. Average daily barrier traffic was up 3.8% on the June quarter with light vehicle traffic increasing 2.2% and heavy vehicle traffic increasing 18.7% compared to pcp. ITR traffic has benefited from the completion of construction on the barrier system in late 4Q. Average daily revenue was up 7.7% for the quarter as a result of higher traffic as well as the revised toll schedule introduced on 1 July. MQA ASX Traffic Release June 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 ( ) 26,090 24,239 (7.1%) Workdays 14,057 12,343 (12.2%) Weekends/Public Holidays 8,382 7,520 (10.3%) All Days 12,186 10,700 (12.2%) Workdays in Period Non Workdays in Period Average daily traffic for the quarter ending June was 12.2% below pcp. This was mainly as a result of a strong pcp comparator that benefitted from construction works on the main competing road (L22). These works ended in October. Toll revenue decreased by 7.1% for the quarter, with the weaker traffic levels being partially offset by the tariff increases that were introduced on 1 November and 1 May. 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 June Quarter