Change of Directorships

Babcock&Brown Public Ptnrships Ltd
08 March 2007


8 March 2007



        Not for publication, release or distribution in whole or in part in
                   Australia, Canada, Japan or the United States

                   Babcock & Brown Public Partnerships Limited
             (Incorporated in Guernsey with registered number 45241)


                  Change of Directorships for Carol P. Goodwin


Babcock & Brown Public Partnerships Limited (the 'Company') announces that Carol
P. Goodwin has resigned as a director of Stratton Street PCC Limited with effect
from 7 March 2007.



For further information, please contact:


Babcock & Brown                  Anthony Kennaway         [phone]


Heritage International Fund      Laurence McNairn          [phone]
Managers Limited, Secretary





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