Director Declaration

Change in Director's Details

In compliance with Listing Rule 9.6.14R, HSBC Infrastructure Company Limited
announces that it has been notified by Mr John Hallam, a Director, that
Cazenove Absolute Equity Ltd, a company of which he is a director has been
admitted to the AIM market.

For further information, please contact:

Simon Golland

Kleinwort Benson (Channel Islands) Fund Services Limited

Company Secretary

01481 727111