News Release

Macquarie Power & Infrastructure Income Fund To Hold Fourth Quarter & Year-End Conference Call

TORONTO, January 23, 2007 – Macquarie Power & Infrastructure Income Fund (TSX: MPT.UN – “MPT”, the “Fund”) today announced that it will hold a conference call on February 21, 2007 at 8:30 a.m. ET to discuss the Fund’s financial and operating performance for the fourth quarter and fiscal year ended December 31, 2006.

The event will be hosted by Gregory Smith, President and Chief Executive Officer, and Harry Atterton, Chief Financial Officer. To listen to the call, please dial 416-695-6120 (Canada) or 1-877-888-4210 (North America). A replay of the call will be available until February 28, 2007 by dialling 416-695-5275 or 1-888-509-0081 and entering the passcode 639493. The call will be accompanied by a live webcast with supporting slides, accessible in the Investor Centre section of the Fund’s website at www.macquarie.com/mpt.

The Fund’s fourth quarter and year-end results will be released after the close of market trading on Tuesday, February 20, 2007.

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