EGM Statement

Babcock&Brown Public Ptnrships Ltd
14 December 2007


          BABCOCK & BROWN PUBLIC PARTNERSHIPS LIMITED (the 'Company')


Result of EGM

The Board of Babcock & Brown Public Partnerships Limited (the 'Company')
announces that at the Extraordinary General Meeting of the Company held today,
the resolutions put to the meeting were duly passed.

The resolutions passed: (a) approved the proposed acquisitions of assets and
interests in respect of five PFI/PPP infrastructure projects by subsidiaries of
the Company from related parties of the Company; and (b) approved the amendment
to the Company's Articles of Association by the inclusion of pre-emption rights
on the issue of shares in the capital of the Company for cash, in each case as
detailed in the circular to shareholders dated 26 November 2007 (the
'Circular').

Terms used in this announcement shall have the same meaning as those set out in
the Circular.  Copies of the resolutions passed have been submitted to the
Document Viewing Facility of the UK Listing Authority and will shortly be
available for inspection at:

Financial Services Authority
25 the North Colonnade
Canary Wharf
London E14 5HS
Tel. No. (0)20 7066 1000


14 December 2007


For further information, please contact:

Babcock & Brown:                                   [phone]

Investors                     Bianca Francis
Media                         Anthony Kennaway

Heritage International Fund
Managers Limited, Secretary:                       [phone]

Laurence McNairn


Notes

About Babcock & Brown Public Partnerships Limited:

Babcock & Brown Public Partnerships Limited is a Guernsey incorporated, London
Stock Exchange listed company. The Company offers shareholders an exposure to
investment in infrastructure assets, particularly those with a public or social
character such as those developed under public bodies under private finance
initiative or public private partnership procurements.

The Company floated on the main market of the London Stock Exchange on 9
November 2006 and on 16 November 2007 had a market capitalisation of £321.8
million.


                      This information is provided by RNS
            The company news service from the London Stock Exchange