SOURCE: Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure Partners L.P.

December 23, 2010 08:30 ET

Brookfield Infrastructure Appoints New Directors

HAMILTON, BERMUDA--(Marketwire - December 23, 2010) - Brookfield Infrastructure Partners L.P. (the "Partnership", along with its related entities, "Brookfield Infrastructure") (NYSE: BIP) (TSX: BIP.UN) is pleased to announce the appointment of four new directors to the Board of Brookfield Infrastructure Partners Limited. These new directors are Jeffrey Blidner, David Hamill, Lou Maroun and Lars Rodert, effective December 31, 2010. 

Derek Pannell, Chairman of the Board, stated: "I am very pleased to welcome our new directors to the Board. David Hamill brings an Australasian perspective to the Board as well as a wealth of knowledge of the global infrastructure operations recently acquired through our merger with Prime Infrastructure where Dr. Hamill served as a Director for many years and more recently as Chair. Lou Maroun is a seasoned business executive who will be very helpful in assisting Brookfield Infrastructure from an operational and organizational perspective as it continues to grow and expand its businesses. Lars Rodert, who lives in Belgium, brings both a continental European perspective to the Board as well as a deep background in analyzing investment opportunities. Jeffrey Blidner is a Senior Managing Partner of Brookfield Asset Management and has been instrumental in expanding Brookfield's operations on a global basis and will bring this insight to the Board."

The Board also accepted the resignations of Alex Erskine, Jonathan Hagger and Jamie Wallace, who had joined the Board to serve as directors during the business' critical launch phase, and have decided not to stand for re-election. Mr. Pannell stated, "I wish to thank our retiring directors for their superior insight, advice and guidance. Their hard work and commitment to the success of Brookfield Infrastructure in the early growth stages of our company has been greatly appreciated."

Brookfield Infrastructure Partners L.P. (NYSE: BIP) (TSX: BIP.UN) operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier utilities, transport and energy, and timber assets in North and South America, Australasia, and Europe. It also seeks acquisition opportunities in other infrastructure sectors with similar attributes. The Partnership's units trade on the New York and Toronto Stock Exchanges under the symbols BIP and BIP.UN, respectively. For more information, please visit Brookfield Infrastructure Partners' website at

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