INFRATIL ANNOUNCES AGREEMENT TO ACQUIRE STAKE IN PACIFIC RADIOLOGY GROUP Infratil Limited ( Infratil ) announces that it has executed a conditional agreement to acquire between 50.1% and 60% of Pacific Radiology Group Limited ( Pacific Radiology ), a comprehensive Diagnostic Imaging business in New Zealand, from existing Doctor shareholders, for total consideration of up to NZ$350 million. Pacific Radiology is the largest private diagnostic imaging service provider in New Zealand, operating 46 clinics in the South Island and lower North Island and employing 90 radiologists throughout New Zealand. Completion of the Pacific Radiology acquisition is conditional on counterparty consents to change of control in relation to a small number of material contracts. Assuming those consents are given, completion is expected by 31 May 2021.