Spark Infrastructure : Asia Investor Presentation - November 2017

Wednesday, 8 November 2017

The Manager

Company Announcements Australian Stock Exchange Limited 20 Bridge Street

SYDNEY NSW 2000

Dear Sir / Madam

I enclose the presentation to be delivered to investors in Hong Kong, Singapore and Japan between 9 November and 14 November 2017.

Yours faithfully,

Level 29, Suite 29.05, Grosvenor Place, 225 George Street, Sydney NSW 2000 ABN 36 114 940 984

t +61 (0)2 9086 3600 f +61 (0)2 9086 3666 e info@sparkinfrastructure.com w www.sparkinfrastructure.com

ASIA

8 NOVEMBER 2017

Spark Infrastructure - November 2017 2

AUSTRALIAN BASED SPECIALIST INFRASTRUCTURE INVESTOR WITH A PORTFOLIO OF HIGH QUALITY REGULATED BUSINESSES

BUSINESS

OWNERSHIP INTEREST (%)

PROPORTIONAL HY 2017 RAB and CAB

($m)

DESCRIPTION

Victoria Power Networks

(Powercor)

49%$1,873m

(33% of total)

Powercor is the largest distributor of electricity in Victoria, operating a network that serves around 790,000 customers in central and western Victoria and the western suburbs of Melbourne

Victoria Power Networks

(CitiPower)

49%$941m

(16% of total)

CitiPower operates the distribution network that supplies electricity to around 330,000 customers in Melbourne's CBD and inner suburbs

SA Power Networks 49% $1,948m (34% of total)

SA Power Networks is the sole operator of South Australia's electricity distribution network, supplying around 860,000 residential and commercial customers in all regions and the major population centres

TransGrid 15% $976m1

(17% of total)

TransGrid is the largest high-voltage electricity transmission network in the National Electricity Market (NEM) by electricity transmitted. It connects generators, distributors and major end users in NSW and the ACT and forms the backbone of the NEM connecting QLD, NSW, VIC and the ACT

1. Includes RAB and contracted asset base (CAB) Spark Infrastructure - November 2017 3