BROOKFIELD, NEWS--(Marketwired - Feb. 13, 2017) - Brookfield Infrastructure (NYSE:BIP)(TSX:BIP.UN) notes the
announcement made by Petrobras on February 10, 2017 (click here) relating to
the issuance of an injunction suspending the sale by Petrobras of a 90% stake at Nova Transportadora do Sudeste S.A. ("NTS") to a
Brookfield-led consortium.
Brookfield Infrastructure intends to take all necessary measures to protect its interests and enable the NTS transaction to
proceed. Brookfield Infrastructure expects that appeals against the injunction will be heard in the first half of March 2017, if
not earlier.
Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high
quality, long-life assets in the utilities, transport, energy and communications infrastructure sectors across North and South
America, Asia Pacific and Europe. We are focused on assets that generate stable cash flows and require minimal maintenance
capital expenditures. Brookfield Infrastructure Partners is listed on the New York and Toronto stock exchanges. Further
information is available at www.brookfieldinfrastructure.com.
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global
alternative asset manager with approximately $250 billion of assets under management. For more information, go to www.brookfield.com.
For more information, please visit our website at www.brookfieldinfrastructure.com.
Note: This news release may contain 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. The words "will", "would", "future", "growth",
"expect", "believe", "should", "may", "intends", derivatives thereof and other expressions which are predictions of or
indicate future events, trends or prospects and which do not relate to historical matters will tend to identify forward-looking
statements. Forward-looking statements in this news release include statements regarding the expected completion of the
transaction described herein and the anticipated timing thereof, the expansion of Brookfield Infrastructure's business, and other
statements with respect to our beliefs, outlooks, plans, expectations and intentions. Although Brookfield Infrastructure believes
that the forward-looking statements it makes and related information is 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 jurisdictions in which we operate and elsewhere
which may impact the markets for our products, the ability to achieve growth within Brookfield Infrastructure's businesses and in
particular completion of the acquisition referred to in this news release, which cannot be assured, the impact of market
conditions on our businesses, the fact that success of Brookfield Infrastructure is dependent 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 (including the ability to complete
announced and potential acquisitions that may be subject to conditions precedent or regulatory constraints), and to integrate
acquisitions into existing operations, the future performance of these acquisitions, the market conditions of key commodities,
the price, supply or demand for which can have a significant impact upon the financial and operating performance of our business
and other risks and factors described in the documents filed by Brookfield Infrastructure with the securities regulators in
Canada and the United States including under "Risk Factors" in Brookfield Infrastructure's most recent Annual Report on Form 20-F
and other risks and factors that are described therein. Except as required by law, Brookfield Infrastructure 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.