News Release

Macquarie Power & Infrastructure Income Fund Declares August 2006 Cash Distribution

TORONTO, August 18, 2006 – Macquarie Power & Infrastructure Income Fund (TSX: MPT.UN – “MPT”, the “Fund”) today declared a cash distribution for the month of August 2006 of $0.08583 per trust unit. The distribution will be paid on September 29, 2006 to unitholders of record at the close of trading on August 31, 2006.

A distribution of $0.08583 per unit will also be paid on September 29, 2006 to holders of Class B Exchangeable Units of MPT LTC Holding LP, an indirect subsidiary entity of the Fund, of record on August 31, 2006.

Earlier this month, the Fund announced an increase to its monthly cash distributions of 3% from $0.08333 to $0.08583 per unit, the equivalent of $1.03 per unit on an annualized basis. The distribution increase will apply to unitholders of record on August 31, 2006.

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 gasfired cogeneration power station in Ontario, and a 45% interest in Leisureworld, a leading longterm 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:

Investor Enquiries
Harry Atterton
Chief Financial Officer
Tel: 416 607 5198
Email: harry.atterton@macquarie.com

Media Enquiries
Alex Doughty
Public Affairs Manager
Tel: 212 231 1710
Email: alex.doughty@macquarie.com

Macquarie Power & Infrastructure Income Fund is not an authorised deposit taking institution for the purposes of the Banking Act (Cth) 1959 and Macquarie Power & Infrastructure Income Fund’s obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Power & Infrastructure Income Fund.