Brookfield Infrastructure Partners Announces Record Date for Special Meeting of Unitholders

HAMILTON, BERMUDA, Oct 08 (MARKET WIRE) --
Brookfield Infrastructure Partners L.P. (the "Partnership", and along
with its related entities, "Brookfield Infrastructure") (NYSE: BIP) (TSX:
BIP.UN) today announced that it has set October 19, 2009 as the record
date for determining holders of its limited partnership units
("unitholders") entitled to receive notice and vote at a special meeting
of unitholders that is expected to take place on or about November 16,
2009 in Hamilton, Bermuda.

As previously announced, the Partnership and Brookfield Asset Management
Inc. ("Brookfield") are leading a comprehensive restructuring and
recapitalization of Babcock & Brown Infrastructure (the "Transaction").

At the meeting, unitholders will be asked to consider and vote upon a
resolution to approve the issuance to Brookfield of its pro rata share of
any equity raised by the Partnership in connection with the Transaction
above a specified threshold. Under applicable Canadian securities law
relating to transactions with related parties, as a result of Brookfield's
participation in the management of our Partnership, the issuance to
Brookfield of equity above a specified threshold must be approved by
unitholders other than Brookfield and its affiliates and associates. An
information circular in connection with the meeting is expected to be
mailed to unitholders in late October.

Brookfield Infrastructure Partners L.P. was established by Brookfield
Asset Management as its primary vehicle to own and operate certain
infrastructure assets on a global basis. Brookfield Infrastructure
operates high quality, long-life assets that generate stable cash flows,
require relatively minimal maintenance capital expenditures and, by
virtue of barriers to entry and other characteristics, tend to appreciate
in value over time. Its current business consists of the ownership and
operation of premier electricity transmission systems, timberlands and
social infrastructure in North and South America, the United Kingdom and
Australia, and it seeks acquisition opportunities in other infrastructure
sectors with similar attributes. The Partnership's units trade on the New
York and Toronto Stock Exchanges under the symbols BIP and BIP.UN,
respectively. For more information, please visit the Partnership's
website at www.brookfieldinfrastructure.com.

Note: This news release contains forward-looking information within the
meaning of Canadian provincial securities laws and "forward-looking
statements" within the meaning of Section 27A of the U.S. Securities Act
of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of
1934, as amended, "safe harbor" provisions of the United States Private
Securities Litigation Reform Act of 1995 and in any applicable Canadian
securities regulations. Forward-looking statements in this news release
include statements regarding the restructuring and recapitalization of
Babcock & Brown Infrastructure by Brookfield and Brookfield Infrastructure
that is subject to the satisfaction of significant conditions, future
prospects of the assets that Brookfield Infrastructure operates and
Brookfield Infrastructure's plans for growth through acquisitions. The
words "expected", "tend", "seeks" and other expressions which are
predictions of or indicate future events, trends or prospects and which do
not relate to historical matters identify the above mentioned and other
forward-looking statements. Although the Partnership believes that these
forward-looking statements and information are based upon reasonable
assumptions and expectations, the reader should not place undue reliance
on them, or any other forward looking statements or information in this
news release. The future performance and prospects of Brookfield
Infrastructure are subject to a number of known and unknown risks and
uncertainties. Factors that could cause actual results of Brookfield
Infrastructure to differ materially from those contemplated or implied by
the statements in this news release include general economic conditions
in the United States and elsewhere, which may impact the markets for
timber, the fact that success of Brookfield Infrastructure is dependant
on market demand for an infrastructure company, which is unknown, the
availability of equity and debt financing for Brookfield Infrastructure,
the ability to effectively complete new acquisitions in the competitive
infrastructure space and to integrate acquisitions into existing
operations, and other risks and factors described in the documents filed
by the Partnership with the securities regulators in Canada and the
United States including under "Risk Factors" in the Partnership's annual
report on Form 20-F and other risks and factors that are described in the
annual report. Except as required by law, the Partnership undertakes no
obligation to publicly update or revise any forward-looking statements or
information, whether as a result of new information, future events or
otherwise.

For more information, please contact:
Michael Botha
SVP, Finance
Brookfield Asset Management Inc.
Tel.:(416) 359-7871
Email: Email Contact

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