MONTREAL, Aug. 17, 2012 /CNW Telbec/ – As part of the transaction
announced by Ferrovial earlier today, the Caisse announced that its
stake in BAA will decrease from 21.18% to 15.55%. The Caisse chose to
exercise its tag-along right in order to sell 5.63% of its interest to
Qatar Holding LLC for an amount of CDN$393.6 million (£253 million).

“The Caisse is taking this opportunity to rebalance and better diversify
its infrastructure portfolio while remaining a partner of BAA, a
company that owns very high-quality assets including Heathrow Airport,
a global air transportation hub,” said Normand Provost, Caisse
Executive Vice-President, Private Equity.

Earlier today, Qatar Holding signed an agreement to acquire a 20% stake
in BAA for an amount of CDN$1.4 billion (£900 million).

The transaction is conditional upon obtaining approval from the European
competition authorities and is expected to be completed by the end of
the year.

ABOUT THE CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
The Caisse de d pôt et placement du Qu bec is a financial institution
that manages funds primarily for public and private pension and
insurance plans. As at December 31, 2011, it held $159.0 billion in net
assets. As one of Canada’s leading institutional fund managers, the
Caisse invests in major financial markets, private equity and real
estate. For more information: www.lacaisse.com

SOURCE CAISSE DE DEPOT ET PLACEMENT DU QUEBEC