Macquarie Infrastructure Corporation Responds to Moab Capital Partners

NEW YORK–(BUSINESS WIRE)–Macquarie Infrastructure Corporation (NYSE:MIC) today issued the
following statement in response to the April 17, 2018 letter and press
release from Moab Capital Partners:

MIC welcomes open communications with shareholders and values
constructive dialogue on a wide range of matters. We have engaged with
Moab Capital on numerous occasions and are disappointed that Moab
Capital has chosen to make inaccurate assertions which mischaracterize
key facts and the substance of prior discussions with the Company.

The MIC Board of Directors takes its fiduciary duties very seriously,
and together with the management team, is focused on the successful
execution of the Company’s strategy. In doing so, we will continue to
consider the input of shareholders toward the common goal of enhancing
value.

As previously communicated, MIC will be discussing the performance of
and outlook for the Company in its first quarter earnings press release
on May 2, 2018 and related conference call with management the morning
of May 3, 2018.

About MIC

MIC owns and operates a diversified group of businesses providing basic
services to customers primarily in the United States. Its businesses
consist of a bulk liquid terminals business, International-Matex Tank
Terminals; an airport services business, Atlantic Aviation; entities
comprising an energy services, production and distribution segment, MIC
Hawaii; and entities comprising a Contracted Power segment. For
additional information, please visit the MIC website at www.macquarie.com/mic.
MIC-G

MIC is not an authorized deposit-taking institution for the purposes of
the Banking Act 1959 (Commonwealth of Australia). The obligations of MIC
do not represent deposits or other liabilities of Macquarie Bank Limited
ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide
assurance in respect of the obligations of MIC.

Contacts

Investor enquiries:
MIC
Jay A. Davis, (212) 231-1825
Investor
Relations
or
Media enquiries:
MIC
Melissa McNamara,
(212) 231-1667
Corporate Communications