MACQUARIE EMERGING MARKETS INFRASTRUCTURE INCOME FUND FILES FINAL PROSPECTUS

TORONTO, Feb. 1 /CNW/ - Connor, Clark & Lunn Capital Markets Inc., is pleased to announce that Macquarie Emerging Markets Infrastructure Income Fund (the "Fund") has filed a final prospectus with the securities regulatory authorities of all of the provinces and territories of Canada. The initial public offering of combined units of the Fund at a price of $12.00 per combined unit is expected to close on February 18, 2011. The minimum offering size is $25,000,008 and the maximum offering size is $100,000,008.

The Toronto Stock Exchange has conditionally approved the listing of the combined units under the symbol MQA.A, the units under the symbol MQA.UN and the warrants under the symbol MQA.WT. The combined units are scheduled to commence trading on the day of closing. The units and warrants comprising the combined units will separate immediately following the earlier of the closing of the final exercise of the over-allotment option granted by the Fund or 30 days after the closing of the initial public offering and will trade separately thereafter.

The Fund's investment objectives are to generate: (a) quarterly distributions for holders of units initially targeted to be $0.15 per unit ($0.60 per annum representing an annual cash distribution of 5.0% based on the $12.00 per combined unit issue price); and (b) total return for unitholders, consisting of dividend income and capital appreciation. To achieve the Fund's investment objectives, the net proceeds of the offering will be invested in a portfolio consisting of infrastructure equity securities issued by entities domiciled in emerging markets.

Macquarie Capital Investment Management LLC ("MCIM"), a member of Macquarie Group, is a global leader in the listed infrastructure sector and will act as the portfolio manager (the "Portfolio Manager") of the Fund. The Portfolio Manager is part of the Macquarie Funds Group ("MFG"), Macquarie Group's funds management business. MFG is Australia's largest asset manager with over $300 billion globally in assets under management of which $93 billion (inclusive of MCIM's affiliates) is invested in both listed and private or direct infrastructure mandates (as at September 30, 2010).

Connor, Clark & Lunn Capital Markets Inc., as the manager (the "Manager") of the Fund, will perform or will arrange for the performance of management services for the Fund, including portfolio management services, and will be responsible for the overall undertaking of the Fund. The Manager is a leading provider of investment products, having raised over $1.8 billion in assets. The Manager is part of the Connor, Clark & Lunn Financial Group.

The offering is being made through a syndicate of agents co-led by RBC Capital Markets, CIBC and BMO Capital Markets that includes National Bank Financial Inc., Scotia Capital Inc., Macquarie Private Wealth Inc., GMP Securities L.P., Canaccord Genuity Corp., HSBC Securities (Canada) Inc., Desjardins Securities Inc., Dundee Securities Corporation, Raymond James Ltd. and Wellington West Capital Markets Inc.

This offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from any of the above-mentioned agents. Investors should read the prospectus before making an investment decision.


SOURCE Macquarie Emerging Markets Infrastructure Income Fund

For further information:

For further information, please visit www.cclcapitalmarkets.com or www.macquarieglobalinvestments.ca or contact:

W. Neil Murdoch      
President & Chief Executive Officer    
Connor, Clark & Lunn Capital Markets Inc.   
(416) 364-2839      
nmurdoch@cclgroup.com     
Stuart McClure
Managing Director
Macquarie Global Investments
(877) 484-4665
contactmgi@macquarie.com

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Macquarie Emerging Markets Infrastructure Income Fund

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