Holding(s) in Company

Babcock&Brown Public Ptnrships Ltd
24 January 2007




24 January 2007



     Not for publication, release or distribution in whole or in part in
               Australia, Canada, Japan or the United States





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




               Notification of change of registered holder
                    of major interest in shares





In accordance with Guidance Note 9.6.10 to the Listing Rules, Babcock & Brown
Public Partnerships Limited (the 'Company') announces that Babcock & Brown
Investment Holdings Pty Limited has transferred its holding of 25,000,000
shares, 8.33% of the total share capital of the Company, to B&B Prime Securities
Pty Ltd for internal administrative purposes and without any change of
beneficial ownership.









For further information, please contact:





Babcock & Brown                      Anthony Kennaway        [phone]





Heritage International Fund          Laurence McNairn        [phone]
Managers Limited, Secretary






                      This information is provided by RNS
            The company news service from the London Stock Exchange