MONTREAL, Nov. 28, 2013 /PRNewswire/ – La Caisse de d pôt et placement
du Qu bec today announced its acquisition of a 26.7% stake in the Port
of Brisbane in Australia’s Queensland. The transaction follows a
bidding process launched earlier this year for the interest held by
Global Infrastructure Partners (GIP).

“This is a first-class asset, well positioned to participate in the
growth of Queensland and Asia’s emerging economies,” said Macky Tall,
Senior Vice-President, Infrastructure, at La Caisse. “This investment,
made with a long-term view, gives us the opportunity to step up our
presence in Australia, a resilient market. It also contributes to the
diversification of our portfolio, from both geographic and sector
standpoints.”

With the most diversified product base of all of Australia’s capital
city ports, the Port of Brisbane, which was privatized by the
Queensland government in 2010, is the country’s third-largest container
port. Each year, the port handles in excess of 37 million tonnes of
international cargo valued at around $50 billion. The Port of Brisbane
is the closest major container port to the country’s largest export
market in the Asia Pacific Rim.

“This investment is well aligned with our strategy to generate stable,
predictable returns for our clients over the long term,” Mr. Tall
added.

The transaction is expected to close by December 18, 2013.

ABOUT LA CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
La 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 June 30, 2013, it held $185.9 billion in net
assets. As one of Canada’s leading institutional fund managers, La
Caisse invests in major financial markets, private equity,
infrastructure and real estate globally. For more information: www.lacaisse.com.

SOURCE Caisse de d pôt et placement du Qu bec

Image with caption: “The Port of Brisbane is Australia’s third-largest container port. Each year, the port handles international cargo valued at $50 billion. (CNW Group/Caisse de d pôt et placement du Qu bec)”. Image available at: http://photos.newswire.ca/images/download/20131128_C5988_PHOTO_EN_34053.jpg

Image with caption: “The Port of Brisbane is Australia’s third-largest container port. Each year, the port handles international cargo valued at $50 billion. (CNW Group/Caisse de d pôt et placement du Qu bec)”. Image available at: http://photos.newswire.ca/images/download/20131128_C5988_PHOTO_EN_34055.jpg

Image with caption: “The Port of Brisbane is Australia’s third-largest container port. Each year, the port handles international cargo valued at $50 billion. (CNW Group/Caisse de d pôt et placement du Qu bec)”. Image available at: http://photos.newswire.ca/images/download/20131128_C5988_PHOTO_EN_34057.jpg