AMP Capital Managing Director Stephen Dunne said increasingly clients are seeking to award global
mandates and with a strong presence already in Asia Pacific and Europe, AMP Capital is taking the
opportunity to expand into North America.

“AMP Capital is one of the most experienced global infrastructure investment managers and by
launching a North American infrastructure business we are delivering our clients first class access to
some of the best infrastructure opportunities around the world,” Mr Dunne said.

“The private infrastructure investment market in North America is starting to open up, so there has been
no better time to grow our global infrastructure capability. In addition, our institutional clients are
increasingly seeking global access to infrastructure opportunities.”

Joining AMP Capital from Access Capital Advisers are Head of Infrastructure Americas Thomas
Majewski, Senior Vice President Infrastructure Farhad Billimoria and Vice Presidents Damien McDonald
and Digby Beaumont.

Thomas Majewski has more than 15 years of experience as a senior finance executive. Since 2008 he
was Partner and Head of Americas Infrastructure with Access Capital Advisers, where he was actively
involved in selecting and managing a wide variety of infrastructure investments for clients. Prior to that,
Mr Majewski was with Merrill Lynch in New York as a Managing Director in their Global Markets and
Investment Banking division. He has also held various roles with Bear Stearns, J.P. Morgan, Arthur
Andersen and Salomon Brothers. Mr Majewski will report directly to AMP Capital Global Head of
Infrastructure & Private Debt Phil Garling, who is based in Sydney.

Farhad Billimoria has more than five years infrastructure and project finance experience and joins us
from Access Capital Advisers where he was Associate Director Infrastructure. From 2004 to 2006 Mr
Billimoria was an Investment Analyst with Access Economics.

Damien McDonald joined Access Capital Advisers in 2007 as a Senior Analyst Infrastructure where he
conducted due diligence on prospective debt and equity investments. He has also held roles with Credit
Suisse and BMO Capital Markets.

Digby Beaumont was a Senior Analyst with Ernst & Young from 2005 to 2007, he then joined Allco
Finance Group in 2007 where he was an Infrastructure Associate until 2008. Most recently Mr
Beaumont was an Investment Manager with Access Capital Advisers sourcing and executing unique
infrastructure and private equity opportunities.

“We welcome this outstanding and experienced team to AMP Capital at what is an exciting time of
growth. This comes on the back of our increased global listed infrastructure capability and the launch of
our new AMP Capital Global Infrastructure Securities Fund to Australian retail investors last week,” Mr
Dunne concluded.

The new team starts this week, taking our total unlisted infrastructure team to over 60 investment
professionals located across offices in Australia, New Zealand, India, China, Europe, the United
Kingdom and North America.

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