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Babcock & Brown Public Partnerships Limited

(Incorporated in Guernsey with registered number 45241)

Change of Directorships for Keith Dorrian

In accordance with Listing Rules 9.6.14, Babcock & Brown Public Partnerships Limited (the "Company") announces that Keith Dorrian has been appointed to the Board of Directors of PSource Structured Debt Limited.  The appointment was effective from 30 July 2008.

For further information, please contact:

Babcock & Brown                          Anthony Kennaway     +44 (0)20 7203 7300

Heritage International Fund          Laurence McNairn       +44 (0)1481 716000 

Managers Limited, Secretary 

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