3i Infrastructure plc (the "Company") announced that the strategic review of Oystercatcher's European terminals in Amsterdam, Terneuzen, Ghent and Malta has reached an advanced stage. 3i Infrastructure plc, Oiltanking GmbH and Evos through Evos Finance B.V. intend to enter into an agreement for the sale and purchase of Oystercatcher's 45% stakes in the terminals, as well as the 55% stakes held by Oiltanking GmbH. Entering into a sale and purchase agreement is subject to the applicable Dutch and Belgian employee consultation procedures. The Company will make a further announcement in due course.