Update on supply chain exposure

16 January 2018

BBGI SICAV S.A.

(the "Company")

Update on supply chain exposure

BBGI SICAV S.A. (LSE ticker: BBGI), the international PPP infrastructure investment company, notes the recent announcement from Carillion plc ("Carillion") regarding its compulsory liquidation.

BBGI confirms that it does not have any Carillion exposure within its portfolio of PPP projects. BBGI has a diverse supply chain and routinely monitors its sub-contractor exposure.

For further information, please contact:

BBGI Management Team        +352 263 479-1

Duncan Ball

Frank Schramm

BBGI owns a global portfolio of 43 infrastructure assets. These are PPP assets and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.

Further information about BBGI is available on its website at www.bb-gi.com*.

Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).

* Neither the Company's website nor the content of any website accessible from hyperlinks on its website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.