Babcock & Brown Public Partnerships Limited
(Incorporated in Guernsey with registered number 45241)

Change of Directorships for Keith Dorrian

In accordance with Listing Rules 9.6.14, Babcock & Brown Public Partnerships Limited (the "Company") announces that Keith Dorrian has been appointed to the Board of Directors of Third Point Offshore Investors Limited.

For further information, please contact:

Babcock & Brown:

Anthony Kennaway  +44 (0)20 7203 7300

Heritage International Fund  Managers Limited, Secretary:
Laurence McNairn +44 (0)1481 716000