Holding(s) in Company

Babcock&Brown Public Ptnrships Ltd
20 March 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Not for publication, release or distribution in whole or in part in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 Major Interest in Shares


In accordance with DTR 5.1.2, The Tudor Group on behalf of Tudor Capital (U.K.)
L.P, the Investment Managers, has made an initial notification to Babcock &
Brown Public Partnerships Limited (the 'Company') of a shareholding of
15,652,174 Ordinary shares representing 5.22% of the total voting rights of the
Company.


For further information, please contact:

                              
Babcock & Brown                  Anthony Kennaway          [phone]

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






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