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Babcock & Brown Public Partnerships Limited

(Incorporated in Guernsey with registered number 45241)

In accordance with Listing Rules 9.6.14, Babcock & Brown Public Partnerships Limited (the "Company") announces that Rupert Dorey has been appointed to the Board of Directors of Saltus European Debt Strategies Limited. The appointment was effective from 14 May 2007.

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