HAMILTON, BERMUDA–( EMWNews – April 7, 2008) – Brookfield Infrastructure Partners L.P.

(the “Partnership”, and along with its related entities, “Brookfield

Infrastructure”) (NYSE: BIP) today announced that Brookfield Infrastructure

has increased its ownership in its Chilean transmission operations,

Transelec Chile S.A. (“Transelec”) from 10.7% to 17.8% at a cost of $111.3

million.

Brookfield Infrastructure’s increased investment in Transelec was the

result of the finalization of a purchase price adjustment payment by the

ownership group following the completion of Transelec’s recent transmission

rate proceeding. The purchase price adjustment resulted in an increase of

Transelec’s asset base to a total of $494.4 million for the regulated,

high-voltage component of its business. The purchase price adjustment was

contemplated at the time of the Partnership’s spin-off from Brookfield

Asset Management Inc. (NYSE: BAM) (TSX: BAM) (EURONEXT: BAMA) and was

substantially reflected in the pro-forma financial statements set out in

the Partnership’s prospectus issued in connection with the spin-off.

Brookfield Infrastructure’s equity investment was funded with cash on hand.

Transelec owns 8,279 km of transmission lines that serve 98% of Chile’s

population and includes 100% of Chile’s 500 kV transmission lines, the

highest voltage lines in the country, and approximately 46% of the

country’s high voltage lines between 110 kV and 500 kV.

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. The Partnership’s sole material asset is its 60%

interest in Brookfield Infrastructure. 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 and timberlands in North and South

America, and it seeks acquisition opportunities in other infrastructure

sectors with similar attributes. The Partnership’s units trade on the New

York Stock Exchange under the symbol BIP.