Statement re Admission to Listing

29 March 2006

                 HSBC INFRASTRUCTURE COMPANY LIMITED ("HICL")                  

            (Incorporated in Guernsey with registered number 44185)            

 ISSUE AND ADMISSION OF 250 MILLION ORDINARY SHARES OF £0.01 EACH AT AN ISSUE  
    PRICE OF £1 PER SHARE PURSUANT TO AN OFFER FOR SUBSCRIPTION AND PLACING    

HSBC Infrastructure Company Limited ("HICL") announces that 250 million
Ordinary Shares issued pursuant to the Placing and Offer for Subscription have
been admitted to the Official List of the Financial Services Authority and to
trading on the London Stock Exchange's market for listed securities at 8.00 am
this morning, 29 March 2006.

Copies of the Prospectus dated 8 February 2006 have been submitted to the UK
Listing Authority and are available for inspection at the Document Viewing
Facility, 25 The North Colonnade, Canary Wharf, London E14 5HS.

Enquiries:

HSBC Corporate Communications 020 7991 8888

Kerry Nelson

HSBC Specialist Fund Management Limited 020 7991 8888

Werner von Guionneau

Gareth Craig

Jonathan Maxwell

Sandra Lowe

UBS Investment Bank 020 7567 8000

Will Rogers

Steven Wirth

N T Massey

Kleinwort Benson (Channel Islands) Fund Services Limited

Company Secretary

Tel: [phone]