Brookfield Asset Management Inc (BAM)

[Investorman]

Brookfield Infrastructure Update on Chilean Transmission Operations

Monday March 1, 2010, 10:02 am EST

HAMILTON, BERMUDA--(Marketwire - 03/01/10) - Brookfield Infrastructure Partners L.P. (the "Partnership", along with its related entities, "Brookfield Infrastructure") (TSX:BIP.UN - News)(NYSE:BIP - News) provided the following update today. "We have received a preliminary status report from our Chilean transmission operations, Transelec, which owns Chile's trunk transmission system. We are grateful to have been advised by senior management that there has been no loss of life by our personnel or their families", said Sam Pollock, Chief Executive Officer, Brookfield Infrastructure.

"In addition, as a result of Transelec's successful implementation of its emergency response procedures, all delivery points served by Transelec have had their basic electricity service restored. Early assessments indicate that the transmission towers have been largely unaffected; however, several substations incurred some damage from the effects of Saturday's earthquake. Further evaluation of the network is being undertaken. We will endeavour to provide updates as the assessment progresses. We offer our support to the people of Chile during this difficult time", concluded Pollock.