Successful Completion of Placement to Support Growth

Sydney, Australia - Qube Logistics Holdings Limited (Qube) today announced that it has completed a placement to raise $85 million (before costs) through the issue of 63,909,774 shares at a price of $1.33 per share, a discount of approximately 6.3% to the closing price of Qube shares on the ASX on Friday 9 December 2011. Qube is negotiating several acquisitions and investments across its three divisions. While there is no certainty that any of these transactions will proceed, the proceeds from the capital raising will further strengthen Qube's financial position and ability to pursue these acquisition opportunities. Qube is also in the process of negotiating additional debt facilities to supplement its funding capacity for these transactions. Further information on these transactions will be provided upon binding agreements (if any) being reached. Carlyle Infrastructure Partners (CIP) subscribed for $50 million of the placement and a range of institutional investors subscribed for the balance. Following the completion of the placement, CIP's relevant interest in Qube will increase to approximately 14.8%. The placement shares are expected to be issued on 16 December 2011. An Appendix 3B for the placement is attached. UBS AG Australia Branch acted as placement agent on the placement to investors other than CIP. Total expenses of the offer were approximately 1.5% of the amount raised inclusive of a commitment fee of $900,000 payable to Carlyle Investment Management LLC. Maurice James, Qube's Managing Director said "We are very pleased with the support shown by CIP and the other investors for the capital raising, particularly given the continued volatility in global and domestic equity markets. There are a number of opportunities presently being progressed by Qube and the additional funding will enhance Qube's ability to undertake suitable transactions that meet our investment criteria." Agreement Reached to Increase Ownership of POTA to 100% Qube also announced that it has reached agreement with the minority management shareholders in POTA Holdings Pty Limited (POTA) to acquire its shareholding in POTA thereby enabling Qube to increase its shareholding in POTA from approximately 94.7% to 100.0%. POTA is the business that forms Qube's Landside Logistics division. The consideration payable is approximately $21.4 million and will be paid through the issue of around 15.85 million Qube shares at an issue price of $1.35 per share. Seventy five percent of these shares will be subject to an escrow period to 30 November 2014 (subject to certain exceptions). "We are pleased to have reached agreement with the management shareholders in POTA. The transaction simplifies Qube's ownership of the operating business while ensuring continued alignment between Qube and the senior management ofthe business, whom we believe are amongst the most experienced managers in the logistics sector in Australia", Mr. James said. The transaction is expected to be completed by 31 December 2011. * * * * * Media Contact: Dan Blyde +0400001915 Investors: Paul Lewis +612 9080 1903 The offer and sale of the shares have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (Securities Act) or the securities laws of any state or other jurisdiction of the United States, and the shares may not be offered, sold, pledged or otherwise transferred without registration under the Securities Act or unless the shares are offered, sold, pledged, transferred or otherwise disposed of in a transaction exempt from, or not subject to, the registration requirements of the Securities Act and the securities laws of any state or any other jurisdiction in the United States.