Portfolio Update

Babcock&Brown Public Ptnrships Ltd
02 April 2008




2 April 2008



      Not for publication, release or distribution in whole or in part in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)







                                 Portfolio Update



In accordance with Listing Rule 15.4.11(2), Babcock & Brown Public Partnerships
Limited (the 'Company') announces its 10 largest investments, including all
holdings with a value greater than 5% of the Company's total assets as at 31
March 2008.





Hereford & Worcester Magistrates Court

Strathclyde Police Training Centre

Tower Hamlets Schools

Northamptonshire Schools

Calderdale Schools

Norfolk Police HQ

Diabolo Project

Dublin Criminal Courts Project

BeNEX

RiverCity Motorway







For further information, please contact:





Babcock & Brown Investment Management Limited:             [phone]



Investors                     Bianca Francis

Media                         Anthony Kennaway



Heritage International Fund

Managers Limited, Secretary:                                [phone]



Laurence McNairn






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