Mackay Airport Corporate Profile

About Mackay Airport

• As one of Queensland's busiest regional airports, almost 1 million passengers pass through Mackay Airport each year.
  
  The airport attracts a diverse range of carriers to service the travel needs of the business, commercial, industrial, leisure and visiting friends and relatives sectors.
  
  Mackay is a thriving mining, agricultural, industrial and regional business centre that also supports a growing tourism industry and is a gateway to the Whitsunday coast and islands.
  
  

  
  

Mackay Airport's Vision

• To be a valued partner in Northern Queensland's progress & development

  
  

Mackay Airport's Mission

• For our company & people to be respected members of our host community who deliver a positive memorable gateway experience to passengers, superior financial returns to our shareholders and contribute to the economic growth of our stakeholders.

  
  

Mackay Airport's Values

• Prioritise safety & security
  
  Engage with users and stakeholders
  
  Operate as a commercial business
  
  Promote co-operation and accountability
  
  Leverage our combined expertise
  
  Embrace our responsibilities

  
  

Mackay Airport Shareholders

• Mackay Airport Pty Ltd (MAPL) owns and manages Mackay Airport which includes all airside and landside operations, terminals, car parking and associated land holdings.
  
  MAPL is part of the North Queensland Airports group. The consortium comprises IIF Cairns Mackay Investment Ltd (an entity advised by JP Morgan Asset Management), The Private Capital Group's The Infrastructure Fund (TIF) managed by Hastings, Perron Investments and the Westpac Banking Corporation. Cairns Airport Pty Ltd (CAPL ) which owns and manages Cairns Airport is also part of the North Queensland Airports group.

  
  

About IIF Cairns Mackay Investment Ltd

• IIF Cairns Mackay Investment Ltd (IIF) is focused on the infrastructure sector with a long-term investment approach. IIF is advised by J.P. Morgan Asset Management, a part of JPMorgan Chase and Co.

  J.P. Morgan Asset Management is a global asset management leader providing world-class investment solutions to clients.

About The Infrastructure Fund

• With $410 million (as at 31 December 2008) in funds under management, The Infrastructure Fund gives superannuation funds and life offices the opportunity to gain exposure to a quality portfolio of long life infrastructure assets which closely match their liability profile.
  
  TIF's investors include industry superannuation funds representing nearly two million members in Queensland and Australia wide. The Private Capital Group (TPCG) Board is the unit holder representative independent board which is involved in all decisions which materially impact the risk and return characteristics including investment decisions and related party considerations.
  
  Hastings, as manager of TIF, aims to accumulate a diversified infrastructure asset portfolio providing unit holders with capital growth complemented by cash yield, a stable band of total return and a moderate risk profile.

  
  

About Perron Investments

• Perron Investments Pty Ltd is an Australian proprietary company, which generates its income from investments in office and retail properties in Australia. Its head office is located in Western Australia.
  
  Perron Investments Pty Ltd and its assets are privately held through various entities collectively known as The Perron Group. The national investment portfolio comprises approximately 75% retail space and 25% office space, through its infrastructure investments in shopping centres and office towers. Perron Investments Pty Ltd is a shareholder in Queensland Airports Limited. Hastings, as manager of TIF, aims to accumulate a diversified infrastructure asset portfolio providing unit holders with capital growth complemented by cash yield, a stable band of total return and a moderate risk profile.

  
  

About About Auckland International Airport Limited

• Auckland Airport is the main gateway into New Zealand and Australasia’s second busiest airport after Sydney. It handles around 13 million passengers per year and is served by over 30 international airlines.

  Auckland International Airport Limited (Auckland Airport) was formed in 1988, when the New Zealand Government corporatised the management of Auckland International Airport. In 1998, the Government sold down its shareholding, and AIAL became the fifth airport company in the world to be publicly listed. Auckland Airport's ordinary shares trade on the New Zealand Stock Exchange (NZX) and the Australian Stock Exchange (ASX).

  
  

Chairman

• Jason Zibarras - JP Morgan Asset Management

  Appointed in January 2009. He is a member of JP Morgan Asset Management's Infrastructure Investments Group, and heads the Group's European investment activities. Jason led JPM IIF's acquisition team in the purchase of Cairns and Mackay Airports He is currently a Member of Southern Water's (UK) main board and Chairs the Audit Committee. In addition to Southern Water Jason has held board positions on Electricity North West (an electricity distribution company) and Zephyr Wind (the UK's largest power generating wind farm portfolio).

  
  

Director

• Matthew Lorback - Infrastructure, Hastings Funds Management

  Matthew Lorback joined Hastings Funds Management as an Associate in March 2007. His responsibilities include due diligence and financial modeling, monitoring of existing assets and transaction execution. Matthew is a Director of Queensland Airports Limited and other Hastings invested companies. Previously Matthew was a Senior Executive in the Corporate Finance (Valuations) department of KPMG in Melbourne where he specialised in valuing infrastructure assets.

  
  

Director

• Simon Moutter - Auckland International Airport Limited

  Simon Moutter is Chief Executive Officer of Auckland Airport and as such is responsible for its overall leadership, strategic direction and executive management. Prior to joining Auckland Airport in 2008, Simon was chief operating officer at Telecom, managing most parts of the business at one time or another. This was preceded by 13 years in the electricity and gas industries.

  
  

Director

• Marcela Zeman

  Marcela Zeman is a management consultant and strategist based in Sydney, Australia. Marcela specialises in the aviation industry, with over 17 years experience in the sector, particularly in the privatised airport industry.. Marcela's particular strengths are in airport operational and financial performance and development, acquisition integration (performed in USA, Italy and Australia) and infrastructure fund asset portfolio strategy and management.