TIDMBBPP 
 
RNS Number : 3848U 
Babcock&Brown Public Ptnrships Ltd 
23 June 2009 
 

23 June 2009 
 
 
 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR FROM ANY JURISDICTION 
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH 
JURISDICTION 
 
 
 
 
Implementation of transfer of management arrangements 
 
 
An Extraordinary General Meeting of Babcock & Brown Public Partnerships Limited 
("the Company") was held on 18 May 2009, at which various shareholder 
resolutions were passed approving: (a) the transfer of the Company's investment 
advisory and management arrangements from the Babcock & Brown Group to the Amber 
Infrastructure Group; and (b) the change of the Company's name to "International 
Public Partnerships Limited". 
 
 
The Company is now pleased to advise that all procedural steps required to 
effect the implementation of the transfer of the management arrangements have 
been finalised. Accordingly, the management of the Company's operations have now 
been transferred to the Amber Infrastructure Group, effective as of today. 
 
 
The change of Company name to "International Public Partnerships Limited" (LSE 
ticker code: INPP) is expected to become effective by the end of the week 
following the filing of the necessary documentation with the Guernsey 
authorities. A further RNS announcement will be issued at that time. 
Keith Dorrian, Chairman of the Company commented: 
 
 
"I am delighted to confirm that all regulatory approvals and consents have now 
been secured. This is a great result for shareholders who will continue to 
receive the services and benefits of the 45-strong Amber team who have managed 
the portfolio since its inception and have managed the Company's operations 
following its listing on the London Stock Exchange in November 2006." 
 
 
Giles Frost, Director of the Company commented: 
 
 
"The approval for Amber to take over the management contract of the Company 
ensures full continuity for all existing projects in the INPP portfolio and 
access to new projects identified and originated by Amber. The Amber team has 
one of the best track records in the industry in developing and managing PPP 
projects with a value in excess of GBP8 billion." 
 
 
For further information, please contact: 
 
 
Bianca Francis               +44 20 7203 7418 
Chief Operating Officer 
 
 
Media Enquiries: 
 
 
Byron Ousey/Michael Turner    +44 20 7554 1440 
Kreab Gavin Anderson 
 
 
Notes to Editors: 
 
 
Babcock & Brown Public Partnerships (to be renamed International Public 
Partnerships Limited) is a closed end investment company that invests in 
infrastructure assets in the UK, Europe and internationally, particularly those 
with a public or social character such as those developed with public bodies 
under private finance initiative (PFI) or public private partnership (PPP) 
procurement. 
 
 
The portfolio consists of 50 PPP/PFI projects with more than 99% of revenues 
backed by Governments. There is diversification geographically as well as across 
several PPP/PFI sectors, including roads and tunnels, railways, schools, 
courthouses, police and custodial facilities, government offices and health 
facilities. Average remaining concession life of projects in the portfolio is 25 
years, against a weighted average debt tenor of 24 years, ensuring that project 
debt is largely matched to concession life. 
 
 
Amber Infrastructure Group has been responsible for the development and 
management of the majority of these assets and will continue to manage them for 
the benefit of BBPP shareholders. 
 
 
The company listed on the Main Market of the London Stock Exchange in November 
2006, and is a constituent of the FTSE 250 and FTSE AllShare. 
 
Disclaimer 
Nothing in this press release is intended as an offer to sell or a solicitation 
of an offer to buy any securities. An investment in International Public 
Partnerships Limited (the "Company") carries certain risks and past performance 
cannot be relied on as a guide to future performance. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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