News Release

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

TORONTO, ONTARIO (March 24, 2008) – Macquarie Power & Infrastructure Income Fund (TSX: MPT.UN; MPT. DB – “MPT” or the “Fund”), which invests in essential infrastructure assets in North America, today announced that it will hold its 2008 Annual General Meeting of Unitholders on April 9, 2008 at the Toronto Stock Exchange Broadcast Centre Gallery, in Toronto, Ontario, commencing at 9 a.m. ET.

During the meeting, management will provide an overview of the Fund’s performance in fiscal 2007 as well as an outlook for fiscal 2008, 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

The Fund’s fiscal 2007 annual report, information circular and proxy are available on SEDAR at or on the Fund’s website at

About the Fund
Macquarie Power & Infrastructure Income Fund invests in essential infrastructure assets in North America with an emphasis on power infrastructure. MPT’s strategy is to acquire and actively manage a diverse, high quality portfolio of infrastructure assets to improve their financial performance and provide growing and sustainable distributions to unitholders. MPT’s portfolio includes investments in gas cogeneration, wind, hydro and biomass power generating facilities, totalling approximately 350 MW of installed capacity, and a 45% indirect interest in Leisureworld Senior Care LP, a leading provider of long-term care, or social infrastructure, in Ontario. MPT is managed by a wholly-owned subsidiary of Macquarie Group Limited. Please visit for additional information.

Forward-looking Statements
Certain of the statements in this news release are forward-looking and reflect management’s expectations regarding the Fund’s future growth, results of operations, performance and business based on information currently available to the Fund. Forward-looking statements are provided as information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.

These statements use forward-looking words, such as “anticipate”, “continue”, “expect”, “may”, “will”, “estimate”, “believe” or other similar words. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements and should not be relied upon as a prediction of future events. Although the Fund believes that it has a reasonable basis for the expectations reflected in these forward-looking statements, actual results may differ from those suggested by the forward-looking statements for various reasons, including risks associated with: the operational performance of the Fund’s assets; power purchase agreements; fuel costs, supply and transportation; default under credit agreements; regulatory regime and permits; land tenure and related rights; government regulation and funding; acquisition-related risks; LTC home ownership and operation; minority interest; reliance on key personnel; default under Leisureworld’s long-term debt and credit facility; labour relations and cost; the variability of distributions; unitholder liability; dependence on the Manager and potential conflicts of interest; insurance; risks related to the environmental, health and safety regimes within with the Fund’s assets operate. The risks and uncertainties described above are not exhaustive and other events and risk factors including risk factors disclosed in MPT’s filings with Canadian securities regulatory authorities could cause actual results to differ materially from the results discussed in the forward-looking statements.

Material factors or assumptions that were applied in formulating the forward-looking statements contained herein include the assumption that the business and economic conditions affecting the Fund’s operations will continue substantially in their current state, including, with respect to industry conditions, general levels of economic activity, regulations, weather, taxes and interest rates and that there will be no unplanned material changes to the Fund’s facilities, equipment and contractual arrangements. These forward-looking statements reflect the expectations of the Fund as of the date of this news release, and, except as may be required by applicable law, the Fund does not undertake any obligation to publicly update or revise any forward-looking statements.

For further information, please contact:

Harry Atterton
Vice President & Chief Financial Officer
Tel: (416) 607 5198

Aaron Boles
Investor Relations
Tel: (416) 649 1325