News Release

Macquarie Power & Infrastructure Income Fund Declares October 2006 Cash Distribution

TORONTO, October 19, 2006 – Macquarie Power & Infrastructure Income Fund (TSX: MPT.UN – “MPT”, the “Fund”) today declared a cash distribution for the month of October 2006 of $0.08583 per trust unit. The distribution will be paid on November 30, 2006 to unitholders of record at the close of trading on October 31, 2006.

A distribution of $0.08583 per unit will also be paid on November 30, 2006 to holders of Class B Exchangeable Units of MPT LTC Holding LP, an indirect subsidiary entity of the Fund, of record on October 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:

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

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