Building a platform for growth

Paul Larsen, CEO Brookfield Rail

Who is Brookfield Rail?

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Our History

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Ownership

Business Structure

Westrail

(owned by Western Australian State Government)

WestNet Rail

(subsidiary of ARG – owned 50/50 by Wesfarmers and Genesee and Wyoming)

WestNet Rail

(controlled entity of Babcock and Brown

Infrastructure)

Brookfield Rail

(owned by Brookfield Infrastructure Partners L.P)

Run as integrated business with Network Division set-up separately in lead up to

privatisation.

Run as a “ring-fenced” business, inside an integrated

business.

Run as a stand-alone Track Owner.

December 2000

June 2006 November 2010

To provide customers with a safe, efficient and reliable freight rail network

supporting economic growth in the southern half of WA

We seek to have a lasting positive impact on the communities we

are connected to

We are focussed on helping our customers achieve their tonnage

goals

We are committed to safely operating, maintaining and

developing our rail network

We aim to exceed the return expected by our

shareholders

We desire for our people to be safe,

valued and fulfilled in the work they do

Our Corporate Goals and Measures help us to understand how successful we are in achieving our purpose

Asset

We will continually improve how we run our business

Guided by our goals and measures we pursue projects that will underpin the growth of our business

Maintain and enhance existing rail infrastructure

Maximise efficiency from existing customers

Identify & develop new investment & revenue opportunities

Customer Community People Financial

Our Purpose & Plan

Our Customers: We have a diverse base of strong and capable customers

Coal 4%

Iron Ore 40%

Alumina 31%

Freight 15%

Grain 8%

Other 2%

Our Asset: We have safely operated, maintained & developed our rail infrastructure

MidWest Rail Upgrade

Grain Rail Freight Network Resleepering Program

Eastern Goldfields Railway Rerailing

Leonora Resleepering

Esperance Line Expansion Works

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I have never seen such a massive project in our vicinity, but to see and experience the professional approach to the task by Brookfield Rail was so pleasing.

About the Midwest Upgrade~ A Local Farmer

In one week, we engaged with

1,437 kidsaged 6 – 17

Our Communities: We are proactively participating in our communities

Our People: We are focussed on the safety & development of our employees

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Financial: We have a strong & supportive owner

Brookfield Infrastructure Partners L.P.NYSE: BIP; TSX:

BIP.UN

Brookfield Asset

Management

Brookfield Rail

External

Manager

30%

100%

Growth: We have played our part in enabling growth in WA

We are here

Growth: We continue to identify & develop new opportunities

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Yilgarn

South West

MidWest

Brookfield in final twoto develop Esperance Port

Any questions?

For further information please visitwww.brookfieldrail.com

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