IFT - Infratil

**bermuda** · 10-12-2007, 10:09 AM

I was down at Lake Tekapo last week and went down to the waters edge. It was quite a walk.

I have never seen the lake so low and because I hadnt read any news media warnings thought everything must be OK.

I know am finding out things are a lot more serious than we have been led to believe. I think Aunty Helen better change her mind about banning new gas fired power stations...or does she prefer coal?

**Toddy** · 10-12-2007, 12:14 PM

Originally Posted by bermuda

I was down at Lake Tekapo last week and went down to the waters edge. It was quite a walk.

I have never seen the lake so low and because I hadnt read any news media warnings thought everything must be OK.

I know am finding out things are a lot more serious than we have been led to believe. I think Aunty Helen better change her mind about banning new gas fired power stations...or does she prefer coal?

And the real joke is that under Helen's policys the South Island generators are paying for the Cook Strait cable when all of the money is currently going into the back pocket of the North Island generators.

Huntly has plenty of coal piled up so everything is under control, at a price ofcourse.

Bermuda, keep the walking up as there is nothing like eye balling the real thing. I look forward to your next report. Don't forget to apply that sunscreen.

**bermuda** · 10-12-2007, 02:07 PM

Originally Posted by Toddy

And the real joke is that under Helen's policys the South Island generators are paying for the Cook Strait cable when all of the money is currently going into the back pocket of the North Island generators.

Huntly has plenty of coal piled up so everything is under control, at a price ofcourse.

Bermuda, keep the walking up as there is nothing like eye balling the real thing. I look forward to your next report. Don't forget to apply that sunscreen.

Toddy,
Here's my next report.......

Buy VPE and VPEO and BOW...see the latest news announcements and today's SHG report.SHG is going to build an LNG plant fueled by their Lacerta CBM

And that's right next door to BOW and VPE's Don Juan CBM field. In fact I think it is a continuous caol bed.

Check it out. You wont be disappointed.

**Toddy** · 12-12-2007, 01:31 PM

Infratil's full interim report is now available on their web site.

http://www.infratil.com/downloads/pd...nterim2007.pdf

**Toddy** · 12-12-2007, 03:26 PM

It sounds like its been a busy time down at Wellington International Airport.

Wellington Airport November 2007 Traffic Statistics

Domestic passenger volumes grew a significant 13% in November following the
commencement of domestic services by Pacific Blue. As Pacific Blue only
commenced services half way through the month the actual growth rate for a
full month of operation would be double this. Importantly there is no
evidence to date that any cannibalisation of the existing market has occurred
with all of the Pacific Blue passengers being additions to the market.

**COLIN** · 19-12-2007, 12:10 AM

I see that the fully-paids ended up at 291 while the partly-paids (IFTCB) were down, at 176. A rather ridiculous situation. I moved out of the fulls into the parts some time ago - more bangs for my bucks. The arbitrage opportunity is even more attractive now.

**Toddy** · 19-12-2007, 09:10 PM

This is FANTASTIC news for the IFT Australian business model. It gives certainty of revenues going forward when there are dry years resulting in spot electricity spikes.

Australia's Victoria Set to Scrap Caps on Energy Retail Prices

By Angela Macdonald-Smith

Dec. 19 (Bloomberg) -- Victoria is set to be the first Australian state to scrap caps on electricity and gas retail prices, with a regulator recommending regulation be removed starting Jan. 1, 2009.

Competition in the retail supply of electricity and gas in Australia's second-most-populous state is ``effective,'' allowing the removal of price regulation, the Australian Energy Market Commission said today in a report on its Web site. The move would extend the benefits of competition to consumers by enabling them to choose from wider range of energy products, it said.

Victoria introduced retail competition for energy supply to households and small businesses in 2002, yet retained some price regulation to safeguard consumers' interests in the transition to a fully competitive market. Earlier this year, regulation of retail prices contributed to the collapse of at least one retailer because it wasn't able to offer discounts from the standing tariff amid a rise in wholesale prices.

``Where the market is effectively competitive, price regulation adds unnecessary administrative and compliance costs,'' John Tamblyn, chairman of the commission, said in a statement on the release of the report. ``With such strong competition in Victoria's retail electricity and gas markets, price regulation is unnecessary.''

The regulator recommended allowing each retailer to determine and publish the price it will offer to supply energy and introducing a regime to monitor these prices for at least three years after retail price regulation ends. Retailers would also be under an obligation to offer to supply energy to residential customers.

The commission is seeking submissions on the recommendations by Feb. 1.

**Toddy** · 16-01-2008, 07:36 PM

Draw your own conclusions.

IFT
16/01/2008
RELINT

REL: 1645 HRS Infratil Limited

RELINT: IFTWB: Relevant Interest - Morrison

DISCLOSURE NOTICE
Disclosure of Directors and Officers Relevant Interests
(Section 19T, Securities Markets Act 1988)

A. Disclosure obligation (tick box to note which disclosure obligation
applies)
Initial disclosure (complete Parts A, B, C, D, F, and G of this notice)

Ongoing disclosure (complete Parts A, B, C, E, F and G of this notice) x

B. Preliminary
1. Name Lloyd Morrison
2. NZX company code of issuer IFT
Name of issuer Infratil Limited
3. Name of related body corporate (if applicable) NA
4. Position you hold in the issuer Director
5. Date of this disclosure notice 16-Jan-08

C. Nature of relevant interest
6. Name of registered holder(s) of security (as required by regulation 6A(b)
or regulation 7(b)) ANZ Nominees Limited & Hettinger Nominees
Limited
7. Class and type of security (as required by regulation 6B or regulation 8)
1. Warrants (IFTWB)
8. Nature of relevant interest in security (as required by regulation 6A (a)
or regulation 7(a)) Beneficial & Non-Beneficial

D. Date (for initial disclosure)
9. Date of disclosure obligation (as required by regulation 6C) N/A

E. Transaction (for ongoing disclosure)
10. Date of last disclosure (as required by regulation 13)
11-Oct-07
11. Date(s) of acquisition(s) or disposal(s) (as required by regulation 9)
16-Jan-08
12. Number of transactions (as required by regulation 12(2), if applicable)
One
13. Nature or type of transaction (as required by regulation 11(1)(a))
On market acquisition of IFTWB's
14. Consideration (as required by regulation 10) Beneficial
$221,732; Non-Beneficial $234,268
15. Number of securities held prior, set out by class and type (as required
by regulation 8) Beneficial: 1. 25,413,718 Ordinary shares 2.
5,082,744 Partly paid ordinary shares (IFTCB) 3 .6,158,002 Warrants (IFTWB)
4. 3,157,172 Warrants (IFTWC)
Non-Beneficial: 1.8,494,686 Ordinary shares 2. 1,698,937
partly paid ordinary shares (IFTCB) 3. 2,623,680 Warrants (ITFWB) 4.
1,111,837 (IFTWC)
16. Number of securities subject to acquisition or disposal (as required by
regulation 11(1)(b)) Beneficial: 194,502 (IFTWB)
Non-Beneficial: 205,498 (IFTWB)

F. Extent of relevant interest
17. Number of securities held now, set out by class and type (as required by
regulation 6B or regulation 8) Beneficial: 1. 25,413,718 Ordinary
shares 2. 5,082,744 Partly paid ordinary shares (IFTCB) 3 .6,352,504 Warrants
(IFTWB) 4. 3,157,172 Warrants (IFTWC)
Non-Beneficial: 1.8,494,686 Ordinary shares 2. 1,698,937
partly paid ordinary shares (IFTCB) 3. 2,829,178 Warrants (ITFWB) 4.
1,111,837 (IFTWC)