News Release

Macquarie Power & Infrastructure Income Fund Announces Annual General Meeting of Unitholders

TORONTO, ONTARIO (March 21, 2007) – Macquarie Power & Infrastructure Income Fund (TSX: MPT.UN – “MPT” or the “Fund”) today announced that it will hold its 2007 Annual General Meeting of Unitholders on April 11, 2007 at the St. Andrew Club and Conference Centre, in Toronto, Ontario, commencing at 9 a.m. ET.

During the meeting, Gregory Smith, Chief Executive Officer of the Fund, will provide an overview of the Fund’s performance in fiscal 2006 as well as an outlook for fiscal 2007, including future growth opportunities.

The Fund will provide a live and archived audio webcast of the AGM for those unable to attend the event in person. The accompanying slide presentation will be available on the Investor Centre section of the Fund’s website at www.macquarie.com/mpt.

The Fund’s fiscal 2006 annual report, information circular and proxy are available on SEDAR at www.sedar.com or on the Fund’s website.

About Macquarie Power & Infrastructure Income Fund
MPT invests in infrastructure assets with an emphasis on power infrastructure. MPT’s strategy is to acquire and actively manage a high-quality portfolio of long-life infrastructure assets to improve their financial performance and provide growing and sustainable distributions to unitholders for the long term. MPT’s infrastructure portfolio includes Cardinal, a 156MW gas-fired cogeneration power station in Ontario, and a 45% interest in Leisureworld, a leading long-term care provider in Ontario with over 30 years operating experience. MPT is managed by a wholly owned subsidiary of Macquarie Bank Limited and a member of the Macquarie group.

More information can be found at MPT’s website, www.macquarie.com/mpt.

For further information, please contact:

Aaron Boles
Investor Relations
Tel: (416) 649 1325
Email: aboles@capstoneinfra.com