The Caisse sells a 2.26% interest in Heathrow Airport Holdings Ltd. (previously BAA Ltd.)

Oct 31, 2012, 12:33 ET from CAISSE DE DEPOT ET PLACEMENT DU QUEBEC

MONTREAL, Oct. 31, 2012 /CNW Telbec/ - As part of the transaction announced by Ferrovial earlier today, the Caisse exercised its tag-along right and sold a 2.26% interest in Heathrow Airport Holdings Ltd. (previously known as BAA Ltd.) to Stable Investment Corporation, a wholly-owned subsidiary of CIC International Co., Ltd. for an amount of CDN$164 million (£102 million).

Through this sale and conditional upon obtaining approval from the European competition authorities for the transaction announced in August 2012 for the sale of a 5.63% interest in Heathrow Airport Holdings to Qatar Holding LLC, the Caisse's interest in Heathrow Airport Holdings will be 13.29%.

"The transaction is part of our commitment to rebalance and better diversify our infrastructure portfolio. Heathrow Airport is a high-quality strategic asset and we expect to remain a partner of Heathrow Airport Holdings while seizing new infrastructure investment opportunities as they arise," said Normand Provost, Executive Vice-President, Private Equity at the Caisse.

Earlier today, Stable Investment Corporation acquired 10% of the units of Heathrow Airport Holdings for an amount of CDN$723 million (£450 million).

ABOUT THE CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
The Caisse de dépôt et placement du Québec is a financial institution that manages funds primarily for public and private pension and insurance plans. As at December 31, 2011, it held $159.0 billion in net assets. As one of Canada's leading institutional fund managers, the Caisse invests in major financial markets, private equity and real estate. For more information: www.lacaisse.com.

SOURCE CAISSE DE DEPOT ET PLACEMENT DU QUEBEC