Document:

<PAGE>
                                                                    Exhibit 10.8

                                22 December 2004

                               BALFOUR BEATTY PLC

                                       and

                      MACQUARIE EUROPEAN INFRASTRUCTURE PLC

                                       and

                           MACQUARIE YORKSHIRE LIMITED

                                       and

                              CONNECT M1-A1 LIMITED

                                       and

                         CONNECT M1-A1 HOLDINGS LIMITED

                                       and

                             MACQUARIE YORKSHIRE LLC

                                       and

                      MACQUARIE INFRASTRUCTURE COMPANY LLC

           DEED OF NOVATION IN RELATION TO THE SHAREHOLDERS AGREEMENT

Linklaters

One Silk Street
London EC2Y 8HQ

Telephone (44-20) 7456 2000
Facsimile (44-20) 7456 2222

Ref Alexander Currie
<PAGE>
THIS DEED is made on 22 December 2004 BETWEEN:

(1)  BALFOUR BEATTY PLC (registered number 395826) whose registered office is at
     130 Wilton Road, London SW1V 1LQ ("BB");

(2)  MACQUARIE EUROPEAN INFRASTRUCTURE PLC (registered number 3724230) whose
     registered office is at Level 29 and 30, 1 Ropemaker Street, London EC2Y
     9HD ("MEIP");

(3)  MACQUARIE YORKSHIRE LIMITED (registered number 4712996) whose registered
     office is at Level 29 and 30, 1 Ropemaker Street, London EC2Y 9HD ("MYL");

(4)  CONNECT M1-A1 LIMITED (registered number 2999303) whose registered office
     is at 7th Floor, Saddlers House, Gutter Lane, London EC2V 6HS (formerly
     Yorkshire Link Limited) ("Connect");

(5)  CONNECT M1-A1 HOLDINGS LIMITED (registered number 3059235) whose registered
     office is at 7th Floor, Saddlers House, Gutter Lane, London EC2V 6HS
     (formerly Yorkshire Link (Holdings) Limited) ("Connect Holdings");

(6)  MACQUARIE YORKSHIRE LLC whose principal executive office is at 600 Fifth
     Avenue, 21st floor, New York, NY 10020 USA ("MY LLC"); and

(7)  MACQUARIE INFRASTRUCTURE COMPANY LLC whose principal executive office is at
     600 Fifth Avenue, 21st floor, New York, NY 10020 USA (formerly Macquarie
     Infrastructure Assets LLC) ("MICL" or the "Guarantor").

WHEREAS:

(A)  BB, MEIP, MYL, Connect and Connect Holdings have entered into the
     Shareholders Agreement (as defined in this Deed).

(B)  Pursuant to a share purchase agreement entered into between MEIP and MICL
     on or around the date hereof, MEIP will sell and MICL will purchase the
     5,000,000 ordinary shares owned by MEIP in MYL (the "Share Purchase
     Agreement").

(C)  Prior to Completion (as defined in the Share Purchase Agreement), MICL
     intends to notify MEIP that it wishes to nominate MY LLC as the transferee
     of the Shares (as defined in the Share Purchase Agreement) pursuant to
     paragraph 1 of Part A of Schedule 5 of the Share Purchase Agreement.

(D)  MEIP therefore wishes to be released and discharged from the Shareholders
     Agreement and the parties have agreed to the novation of the Shareholders
     Agreement.

(E)  BB has agreed to provide reasonable assistance with respect to the
     preparation of certain financial statements and other forms relating to
     Connect Holdings as required under US securities laws and regulations.

(F)  The Guarantor agrees to guarantee to MEIP, MYL, Connect and Connect
     Holdings the obligations of MY LLC under or pursuant to this Deed and the
     Replacement Shareholders Agreement (as defined in this Deed).

(G)  The Guarantor and BB have separately entered into a guarantee on or around
     the date hereof pursuant to which the Guarantor agrees to guarantee to BB,
     inter alia, the performance by MY LLC of its obligations under or pursuant
     to this Deed.

                                        1
<PAGE>
(H)  Yorkshire Link Limited changed its name to Connect M1-A1 Limited on 2 June
     2004; Yorkshire Link (Holdings) Limited changed its name to Connect M1-A1
     Holdings Limited on 2 June 2004.

IT IS AGREED:

1    DEFINITIONS AND INTERPRETATION

     In this Deed the following expressions shall have the following meanings:

     "Continuing Parties": means BB, Connect Holdings, Connect and MYL;

     "Effective Date": means the date of Completion as defined in the Share
     Purchase Agreement;

     "Exchange Act": means the US Securities Exchange Act of 1934, as amended;

     "Replacement Shareholders Agreement": means the agreement to replace the
     Shareholders Agreement as set out in Clause 2.1;

     "Securities Act": means the US Securities Act of 1933, as amended; and

     "Shareholders Agreement": means the shareholders agreement dated 26 March
     1996, as amended and restated on 30 April 2003, between BB, MEIP, MYL,
     Connect and Connect Holdings relating to the purposes of (i) regulating, as
     between the parties their relationship with each other as shareholders in
     Connect Holdings and (ii) regulating, as between all of the parties,
     certain aspects of the affairs of Connect Holdings and Connect.

2    NOVATION

     With effect from the Effective Date:

     2.1  The Shareholders Agreement shall be terminated and the Shareholders
          Agreement shall be replaced by the Replacement Shareholders Agreement,
          which shall be on identical terms to the Shareholders Agreement save
          that:

          2.1.1 MY LLC shall be a party in place of MEIP;

          2.1.2 references to "Macquarie European Infrastructure PLC (registered
                number 3724230) whose registered office is at Level 30 Ropemaker
                Street, London EC2Y 9HD" shall be references to "Macquarie
                Yorkshire LLC whose principal executive office is at 600 Fifth
                Avenue, 21st floor, New York, NY 10020 USA ("MY LLC")";

          2.1.3 references to "MEIP" shall be references to "MY LLC";

          2.1.4 the definition of "Guarantee" shall be replaced by the "deed of
                guarantee entered into on or around the date hereof under which
                Macquarie Infrastructure Company LLC agrees to guarantee to BB
                the performance by (i) MY LLC of its obligations under or
                pursuant to the Shareholders Agreement Novation and (ii) MYL of
                its obligations under or pursuant to this agreement and the
                Secondment Agreement Novation and the Secondment Agreement";

          2.1.5 the definition of "Shareholders Agreement Novation" shall be
                "the deed of novation of the Shareholders Agreement entered into
                on or around the date

                                        2
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                hereof between BB, MEIP, MYL, Connect, Connect Holdings, MY LLC
                and Macquarie Infrastructure Company LLC";

          2.1.6 the definition of "Secondment Agreement Novation" shall be "the
                deed of novation of the Secondment Agreement entered into on or
                around the date hereof between BB, MIUK, Connect, MYL and
                Macquarie Infrastructure Company LLC";

          2.1.7 references to "Yorkshire Link Limited (registered number
                2999303) whose registered office is at Level 29 and 30, 1
                Ropemaker Street, London EC2Y 9HD" shall be references to
                "Connect M1-A1 Limited (registered number 2999303) whose
                registered office is at Level 29 and 30, 1 Ropemaker Street,
                London EC2Y 9HD";

          2.1.8 references to "Yorkshire Link (Holdings) Limited (registered
                number 3059235) whose registered office is at Level 29 and 30, 1
                Ropemaker Street, London EC2Y 9HD" shall be references to
                "Connect M1-A1 Holdings Limited (registered number 3059235)
                whose registered office is at Level 29 and 30, 1 Ropemaker
                Street, London EC2Y 9HD";

          2.1.9 the following additional definitions shall apply:

                "MICL" means Macquarie Infrastructure Company LLC whose
                principal executive office is at 600 Fifth Avenue, 21st floor,
                New York, NY 10020 USA

                "MY LLC" means Macquarie Yorkshire LLC whose principal executive
                office is at 600 Fifth Avenue, 21st floor, New York, NY 10020
                USA; and

         2.1.10 the words in Clause 11(5) from "If the MYL Owners receive a
                bona fide offer" to the end of that Clause 11(5) shall be
                deleted and the following inserted in their place:

                "If:

                (i)  MY LLC receives a bona fide offer to Transfer all or any
                     part of its shares in MYL; or

                (ii) MICL (together with MY LLC for the purposes of this Clause
                     11(5), an "Offeror") receives a bona fide offer to Transfer
                     all or any part of its shares in MY LLC

                from any bona fide arms length third party purchaser (an
                "Offeree"), then the relevant Offeror shall within 5 Business
                Days give notice to all other Shareholders including in such
                notice:

                (a)  the percentage of shares in MYL, or MY LLC (as the case may
                     be) which the Offeror is proposing to Transfer ("Offered
                     MYL Interests");

                (b)  the purchase price; and

                (c)  the material terms of the offer (including whether any sale
                     is subject to any Approvals) (such notice hereafter being
                     referred to as the "MYL Notice"), and

                Clauses 11A(3), 11A(4), 11A(5), 11A(6), 11A(7) and 11A(8) shall
                apply except that:

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<PAGE>
               (d)  references to "Transfer Notice" shall be construed as a
                    reference to the "MYL Notice" and references to "Specified
                    Terms" shall be construed as a reference to the terms of
                    such MYL Notice;

               (e)  references to YHL Shares shall be construed as a reference
                    to shares in MYL or MY LLC (as the case may be);

               (f)  references to "YLL Loan Stock" and "interests in the
                    Commercial Subordinated Loan Agreement" shall be
                    disregarded;

               (g)  references to the "Offered Interests" shall be construed as
                    references to the "Offered MYL Interests";

               (h)  references to the "Proposing Transferor" shall be construed
                    as references to the relevant Offeror;

               (i)  references to the "Proposing Transferee" shall be construed
                    as references to the "Offeree"; and

               (j)  written offers from a Continuing Shareholder shall be given
                    to the relevant Offeror, the relevant Offeror shall give
                    notices to (and receive notices from) the Continuing
                    Shareholder or the Losing Shareholder (as the case may be)
                    and the relevant Offeror shall make determinations as to the
                    terms of the offers (in each case, in lieu of YHL).

               For the avoidance of doubt. Clauses 11A(3A) and 11(2A) shall not
               apply to any Transfer or prospective Transfer of shares in MYL or
               MY LLC (as the case may be)."

     2.2  MY LLC undertakes with the Continuing Parties, from the Effective
          Date, to accept, observe, perform, discharge and be bound by the
          Replacement Shareholders Agreement.

     2.3  Notwithstanding this undertaking, nothing in this Deed shall:

          2.3.1 require MY LLC to perform any obligation created by or arising
                under the Shareholders Agreement falling due for performance, or
                which should have been performed by MEIP, before the Effective
                Date; or

          2.3.2 make MY LLC liable for any act, neglect, default or omission in
                respect of the Shareholders Agreement committed by MEIP
                occurring before the Effective Date.

     2.4  With effect from the Effective Date, the Continuing Parties agree to
          the substitution of the Replacement Shareholders Agreement in place of
          the Shareholders Agreement and accept MY LLC's undertaking in Clause
          2.2 above to observe, perform, discharge and be bound by the
          Replacement Shareholders Agreement.

     2.5  The Continuing Parties hereby release and discharge MEIP from all
          claims and demands from each of the Continuing Parties, and from each
          of its liabilities and obligations, howsoever arising under the
          Shareholders Agreement to the extent assumed by MY LLC pursuant to
          this Deed and accept the like liabilities and obligations to them of
          MY LLC in place of MEIP under the Replacement Shareholders Agreement.

                                        4
<PAGE>
     2.6  Notwithstanding Clause 2.5, nothing in this Deed shall affect or
          prejudice any claim or demand whatsoever which the Continuing Parties
          may have against MEIP in relation to the Shareholders Agreement and
          arising out of matters prior to the Effective Date.

     2.7  With effect from the Effective Date, MEIP hereby releases and
          discharges the Continuing Parties from all claims and demands by MEIP,
          and from each of their respective liabilities and obligations to MEIP,
          howsoever arising under the Shareholders Agreement. Notwithstanding
          this undertaking and release, nothing in this Deed shall affect or
          prejudice any claim or demand whatsoever which MEIP may have against
          the Continuing Parties in relation to the Shareholders Agreement and
          arising out of matters prior to the Effective Date.

3    INDEMNITY

     MEIP hereby undertakes to indemnify MY LLC in respect of all liabilities,
     losses, charges, costs, claims or demands incurred or made by MY LLC in
     relation to the Shareholders Agreement and arising from acts or omissions
     of MEIP prior to the Effective Date.

4    BB'S UNDERTAKING

     4.1  BB shall procure that for so long as its employees are seconded to
          Connect to perform the UK GAAP accounting function that those
          employees will use their reasonable endeavours to provide such
          supplementary information as MICL may reasonably request so as to (i)
          enable MICL to produce the consolidated financial statements of
          Connect Holdings for the 3 months and calendar year to date periods
          ended March 31, June 30, September 30 and December 31 of each year,
          including the results of activity from January 1 of each year to such
          period end, in conformity with accounting principles generally
          accepted in the United States, with the Securities Act and with the
          Exchange Act; (ii) assist in the review of the periods ended March 31,
          June 30 and September 30 as required by the independent accountants in
          accordance with United States Generally Accepted Auditing Standards;
          (iii) assist in the audit for the year ended December 31 of each year
          in accordance with United States Generally Accepted Auditing
          Standards; and (iv) assist MICL in the preparation of forms required
          to be submitted to the Securities and Exchange Commission under the
          Securities Act and the Exchange Act, including, but not limited to,
          Forms 10-K, 10-Q and 8-K, as needed.

     4.2  The Guarantor shall indemnify BB for its reasonable costs incurred in
          providing the assistance described in Clause 4.1 above.

5    GUARANTEE

     5.1  The Guarantor unconditionally and irrevocably guarantees to MEIP, MYL,
          Connect and Connect Holdings the due and punctual performance and
          observance by MY LLC of its obligations, commitments, undertakings,
          warranties and indemnities under or for breach of this Deed and the
          Replacement Shareholders Agreement (the "Guaranteed Obligations").

     5.2  If and whenever MY LLC defaults for any reason whatsoever in the
          performance of any of the Guaranteed Obligations, the Guarantor shall
          forthwith upon demand unconditionally perform (or procure performance
          of) and satisfy (or procure

                                        5
<PAGE>
          satisfaction of) the Guaranteed Obligations in respect of which there
          has been default in the manner prescribed by this Deed and so that the
          same benefits shall be conferred on MEIP, MYL, Connect and Connect
          Holdings as they would have received if the Guaranteed Obligations had
          been duly performed and satisfied by MY LLC.

     5.3  This guarantee is a continuing guarantee and is to remain in force
          until all the Guaranteed Obligations have been performed or satisfied.
          This guarantee is in addition to and without prejudice to and not in
          substitution for any rights or security which MEIP, MYL, Connect and
          Connect Holdings may now or hereafter have or hold for the performance
          and observance of the Guaranteed Obligations.

     5.4  The liability of the Guarantor under this Clause 5 shall not be
          released or diminished by any variation of the Guaranteed Obligations
          or any forbearance, neglect or delay in seeking performance of the
          Guaranteed Obligations or any granting of time for such performance
          and shall not be affected or impaired by reason of any other fact or
          event which in the absence of this provision would or might constitute
          or afford a legal or equitable discharge or release or a defence to a
          guarantor.

6    FURTHER ASSURANCE

     Each of the parties agrees to perform (or procure the performance of) all
     further acts and things, and execute and deliver (or procure the execution
     and delivery of) such further documents, as may be required by law or as
     may be necessary or reasonably desirable to implement and/or give effect to
     this Deed.

7    COUNTERPARTS

     This Deed may be executed in any number of counterparts and by the parties
     to it on separate counterparts, each of which is an original but all of
     which together constitute one and the same instrument.

8    NO RIGHTS UNDER CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999

     A person who is not a party to this Deed shall have no right under the
     Contracts (Rights of Third Parties) Act 1999 to enforce any of the terms of
     this Deed or the Replacement Shareholders Agreement.

9    GOVERNING LAW

     9.1  This Deed and the relationship between the parties shall be governed
          by, and interpreted in accordance with English law.

     9.2  All parties agree that the Courts of England are to have exclusive
          jurisdiction to settle any dispute (including claims for set-off and
          counterclaim) which may arise in connection with the creation,
          validity, effect, interpretation or performance of, or the legal
          relationships established by this Deed or the Replacement Shareholders
          Agreement or otherwise arising in connection with this Deed and for
          such purposes irrevocably submit to the jurisdiction of the English
          Courts.

     9.3  MY LLC and MICL shall at all times maintain an agent for service of
          process and any other documents in proceedings in England or any other
          proceedings in connection with this Deed or the Replacement
          Shareholders Agreement. Such agent shall be

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          MYL of Level 29 and 30, 1 Ropemaker Street, London EC2Y 9HD and any
          judgment or other notice of legal process shall be sufficiently served
          on MY LLC and MICL if delivered to such agent at its address for the
          time being. MY LLC and MICL agree to inform each party in writing of
          any change of address of such process agent within 28 days of such
          change. If such process agent ceases to be able to act as such or to
          have an address in England, MY LLC and MICL irrevocably agree to
          appoint a new process agent in England and to deliver to each party
          within 14 days a copy of a written acceptance of appointment by the
          process agent.

AS WITNESS this Deed has been executed by the parties hereto and is hereby
delivered on the date first above written.

EXECUTED and DELIVERED
as a DEED on behalf of
BALFOUR BEATTY PLC by

/s/ A. L. P. Rabin
-------------------------------------
Name: A. L. P. Rabin
      Director

/s/ C.R. O'N Pearson
-------------------------------------
Name: C.R. O'N Pearson
      Secretary

EXECUTED and DELIVERED
as a DEED on behalf of
MACQUARIE EUROPEAN
INFRASTRUCTURE PLC by

/s/ James Craig
-------------------------------------
Name: James Craig
      Director

/s/ Annabelle Helps
-------------------------------------
Name: Annabelle Helps
      Secretary

                                        7
<PAGE>
EXECUTED and DELIVERED
as a DEED on behalf of
MACQUARIE YORKSHIRE
LIMITED by

/s/ Peter Antolik
-------------------------------------
Name: Peter Antolik
      Director

/s/ Annabelle Helps
-------------------------------------
Name: Annabelle Helps
      Secretary

EXECUTED and DELIVERED
as a DEED on behalf of
CONNECT M1-A1 LIMITED by

/s/ David Harrison
-------------------------------------
Name: David Harrison
      Director

EXECUTED and DELIVERED
as a DEED on behalf of
CONNECT M1-A1 HOLDINGS
LIMITED by

/s/ David Harrison
------------------------------
Name: David Harrison
      Director

                                        8
<PAGE>
EXECUTED and DELIVERED
as a DEED on behalf of
MACQUARIE YORKSHIRE LLC
by

/s/ Peter Stokes
------------------------------
Name(s): Peter Stokes

Authorised Signatory/
Signatories

EXECUTED and DELIVERED
as a DEED on behalf of
MACQUARIE
INFRASTRUCTURE COMPANY
LLC by

/s/ Peter Stokes
------------------------------
Name(s): Peter Stokes

Authorised Signatory/
Signatories

                                        9<PAGE>
                                                                   Exhibit 10.17

                                22 December 2004

                               BALFOUR BEATTY PLC

                                       and

                     MACQUARIE INFRASTRUCTURE (UK) LIMITED

                                       and

                             CONNECT M1-A1 LIMITED

                                       and

                          MACQUARIE YORKSHIRE LIMITED

                                       and

                      MACQUARIE INFRASTRUCTURE COMPANY LLC

              DEED OF NOVATION RELATING TO THE SECONDMENT AGREEMENT

Linklaters

One Silk Street
London EC2Y 8HQ

Telephone (44-20) 7456 2000
Facsimile (44-20) 7456 2222

Ref Alexander Currie
<PAGE>
THIS DEED is made on 22 December 2004 BETWEEN:

(1)  BALFOUR BEATTY PLC (registered number 395826) whose registered office is at
     130 Wilton Road, London, SW1V 1LQ (formerly BICC PLC) ("BB");

(2)  MACQUARIE INFRASTRUCTURE (UK) LIMITED (registered number 1540913) whose
     registered office is at Level 29 and 30, 1 Ropemaker Street, London EC2Y
     9HD (formerly Trafalgar House Corporate Development Limited) ("MIUK");

(3)  CONNECT M1-A1 LIMITED (registered number 2999303) whose registered office
     is at 7th Floor, Saddlers House, Gutter Lane, London EC2V 6HS (formerly
     Yorkshire Link Limited) ("CONNECT"); and

(4)  MACQUARIE YORKSHIRE LIMITED (registered number 4712996) whose registered
     office is at Level 29 and 30, 1 Ropemaker Street, London EC2Y 9HD ("MYL");

(5)  MACQUARIE INFRASTRUCTURE COMPANY LLC whose principal executive office is at
     600 Fifth avenue, 21st floor, 10020 NY, USA (formerly Macquarie
     Infrastructure Assets LLC) ("MICL" or the "Guarantor").

WHEREAS:

(A)  BB, MIUK and Connect have entered into the Secondment Agreement (as defined
     in this Deed).

(B)  Pursuant to a share purchase agreement entered into between Macquarie
     European Infrastructure PLC ("MEIP") and MICL on or around the date hereof,
     MEIP will sell and MICL will purchase the 5,000,000 ordinary shares owned
     by MEIP in MYL.

(C)  MIUK therefore wishes to be released and discharged from the Secondment
     Agreement and the parties have agreed to the novation of the Secondment
     Agreement from MIUK to MYL.

(D)  The Guarantor agrees to guarantee to MIUK and Connect the obligations of
     MYL under or pursuant to this Deed and the Replacement Secondment Agreement
     (as defined in this Deed).

(E)  The Guarantor and BB have separately entered into a guarantee on or around
     the date hereof pursuant to which the Guarantor agrees to guarantee to BB,
     inter alia, the performance by MYL of its obligations under or pursuant to
     this Deed.

(F)  Yorkshire Link Limited changed its name to Connect M1-A1 Limited on 2 June
     2004.

IT IS AGREED

1    DEFINITIONS AND INTERPRETATION

     In this Deed the following expressions shall have the following meanings:

     "Continuing Parties": means BB and Connect;

     "Effective Date": means the date of this Deed;

     "Replacement Secondment Agreement": means the agreement to replace the
     Secondment Agreement as set out in Clause 2.1; and

     "Secondment Agreement": means the secondment agreement dated 26 March 1996
     as amended and restated on 30 April 2003, between BB, Connect and MIUK.

                                        1
<PAGE>
2    NOVATION

     With effect from the Effective Date:

     2.1  The Secondment Agreement shall be terminated and the Secondment
          Agreement shall be replaced by the Replacement Secondment Agreement,
          which shall be on identical terms to the Secondment Agreement save
          that:

          2.1.1 MYL shall be a party in place of MIUK;

          2.1.2 references to "Macquarie Infrastructure (UK) Limited (registered
                number 1540913) of Level 29 and 30, 1 Ropemaker Street, London
                EC2Y 9HD" shall be references to "Macquarie Yorkshire Limited
                (registered number 4712996) of Level 29 and 30, 1 Ropemaker
                Street, London EC2Y 9HD";

          2.1.3 from Recital (f) onwards references to "MIUK" shall be
                references to "MYL";

          2.1.4 from Clause 1 onwards references to "Macquarie European
                Infrastructure plc" shall be references to "Macquarie
                Infrastructure Company LLC"; and

          2.1.5 from Clause 1 onwards references to "MEIP" shall be references
                to "MICL".

          2.1.6 from Clause 1 onwards references to "YLL" shall be references to
                "Connect".

          2.1.7 references to "Yorkshire Link Limited of (registered number
                2999303) whose registered office is at Level 29 and 30, 1
                Ropemaker Street, London EC2Y 9HD" shall be references to
                "Connect M1-A1 Limited of (registered number 2999303) whose
                registered office is at Level 29 and 30, 1 Ropemaker Street,
                London EC2Y 9HD".

     2.2  MYL undertakes with the Continuing Parties, from the Effective Date,
          to accept, observe, perform, discharge and be bound by the Replacement
          Secondment Agreement.

     2.3  Notwithstanding the undertaking provided in Clause 2.2, nothing in
          this Deed shall:

          2.3.1 require MYL to perform any obligation created by or arising
                under the Secondment Agreement falling due for performance, or
                which should have been performed by MIUK, before the Effective
                Date; or

          2.3.2 make MYL liable for any act, neglect, default or omission in
                respect of the Secondment Agreement committed by MIUK occurring
                before the Effective Date.

     2.4  With effect from the Effective Date, the Continuing Parties agree to
          the substitution of the Replacement Secondment Agreement in place of
          the Secondment Agreement and accept MYL's undertaking in Clause 2.2
          above to observe, perform, discharge and be bound by the Replacement
          Secondment Agreement.

     2.5  The Continuing Parties hereby release and discharge MIUK from all
          claims and demands from each of the Continuing Parties, and from each
          of its liabilities and obligations, howsoever arising under the
          Secondment Agreement to the extent assumed by MYL pursuant to this
          Deed and accept the like liabilities and obligations to them of MYL in
          place of MIUK under the Replacement Secondment Agreement.

     2.6  Notwithstanding Clause 2.5, nothing in this Deed shall affect or
          prejudice any claim or demand whatsoever which the Continuing Parties
          may have against MIUK in

                                        2
<PAGE>
          relation to the Secondment Agreement and arising out of matters prior
          to the Effective Date.

     2.7  With effect from the Effective Date, MIUK hereby releases and
          discharges the Continuing Parties from all claims and demands by MIUK,
          and from each of their respective liabilities and obligations to MIUK,
          howsoever arising under the Secondment Agreement. Notwithstanding this
          undertaking and release, nothing in this Deed shall affect or
          prejudice any claim or demand whatsoever which MIUK may have against
          the Continuing Parties in relation to the Secondment Agreement and
          arising out of matters prior to the Effective Date.

3    INDEMNITY

     MIUK hereby undertakes to indemnify MYL in respect of all liabilities,
     losses, charges, costs, claims or demands incurred or made by MYL in
     relation to the Secondment Agreement and arising from acts or omissions of
     MIUK prior to the Effective Date.

4    GUARANTEE

     4.1  The Guarantor unconditionally and irrevocably guarantees to MIUK and
          Connect the due and punctual performance and observance by MYL of its
          obligations, commitments, undertakings, warranties and indemnities
          under or for breach of this Deed and the Replacement Secondment
          Agreement (the "Guaranteed Obligations").

     4.2  If and whenever MYL defaults for any reason whatsoever in the
          performance of any of the Guaranteed Obligations, the Guarantor shall
          forthwith upon demand unconditionally perform (or procure performance
          of) and satisfy (or procure satisfaction of) the Guaranteed
          Obligations in respect of which there has been default in the manner
          prescribed by this Deed and so that the same benefits shall be
          conferred on MIUK and Connect as they would have received if the
          Guaranteed Obligations had been duly performed and satisfied by MYL.

     4.3  This guarantee is a continuing guarantee and is to remain in force
          until all the Guaranteed Obligations have been performed or satisfied.
          This guarantee is in addition to and without prejudice to and not in
          substitution for any rights or security which MIUK and Connect may now
          or hereafter have or hold for the performance and observance of the
          Guaranteed Obligations.

     4.4  The liability of the Guarantor under this Clause 4 shall not be
          released or diminished by any variation of the Guaranteed Obligations
          or any forbearance, neglect or delay in seeking performance of the
          Guaranteed Obligations or any granting of time for such performance
          and shall not be affected or impaired by reason of any other fact or
          event which in the absence of this provision would or might constitute
          or afford a legal or equitable discharge or release or a defence to a
          guarantor.

5    FURTHER ASSURANCE

     Each of the parties agrees to perform (or procure the performance of) all
     further acts and things, and execute and deliver (or procure the execution
     and delivery of) such further documents, as may be required by law or as
     may be necessary or reasonably desirable to implement and/or give effect to
     this Deed.

                                        3
<PAGE>
6    COUNTERPARTS

     This Deed may be executed in any number of counterparts and by the parties
     to it on separate counterparts, each of which is an original but all of
     which together constitute one and the same instrument.

7    NO RIGHTS UNDER CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999

     A person who is not a party to this Deed shall have no right under the
     Contracts (Rights of Third Parties) Act 1999 to enforce any of the terms of
     this Deed or the Replacement Secondment Agreement.

8    GOVERNING LAW

     8.1  This Deed and the relationship between the parties shall be governed
          by, and interpreted in accordance with English law.

     8.2  All parties agree that the Courts of England are to have exclusive
          jurisdiction to settle any dispute (including claims for set-off and
          counterclaim) which may arise in connection with the creation,
          validity, effect, interpretation or performance of, or the legal
          relationships established by this Deed or otherwise arising in
          connection with this Deed or the Replacement Secondment Agreement and
          for such purposes irrevocably submit to the jurisdiction of the
          English Courts.

     8.3  MICL shall at all times maintain an agent for service of process and
          any other documents in proceedings in England or any other proceedings
          in connection with this Deed or the Replacement Secondment Agreement.
          Such agent shall be MYL of Level 29 and 30, 1 Ropemaker Street, London
          EC2Y 9HD and any judgment or other notice of legal process shall be
          sufficiently served on MICL if delivered to such agent at its address
          for the time being. MICL agrees to inform each party in writing of any
          change of address of such process agent within 28 days of such change.
          If such process agent ceases to be able to act as such or to have an
          address in England, MICL irrevocably agrees to appoint a new process
          agent in England and to deliver to each party within 14 days a copy of
          a written acceptance of appointment by the process agent.

AS WITNESS this Deed has been executed by the parties hereto and is hereby
delivered on the date first above written.

                                        4
<PAGE>
EXECUTED and DELIVERED
as a DEED on behalf of
BALFOUR BEATTY PLC by

/s/ A. L. P. Rabin
-------------------------------------
Name: A. L. P. Rabin
      Director

/s/ C.R. O'N Pearson
-------------------------------------
Name: C.R. O'N Pearson
      Director / Secretary

EXECUTED and DELIVERED
as a DEED on behalf of
MACQUARIE INFRASTRUCTURE
(UK) LIMITED by

/s/ DAVID HARRISON
-------------------------------------
Name: DAVID HARRISON
      Director

/s/ ANNABELLE HELPS
-------------------------------------
Name: ANNABELLE HELPS
      Secretary

EXECUTED and DELIVERED
as a DEED on behalf of
CONNECT M1-A1 LIMITED by

/s/ DAVID HARRISON
-------------------------------------
Name: DAVID HARRISON
      Director

/s/ Ian Rylatt
-------------------------------------
Name: Ian Rylatt
      Director / Secretary

                                        5
<PAGE>
EXECUTED and DELIVERED
as a DEED on behalf of
MACQUARIE YORKSHIRE
LIMITED by

/s/ Peter Antolik
-------------------------------------
Name: Peter Antolik
      Director

/s/ Annabelle Helps
-------------------------------------
Name: Annabelle Helps
      Secretary

EXECUTED and DELIVERED
as a DEED on behalf of
MACQUARIE INFRASTRUCTURE
COMPANY LLC by

/s/ Peter Stokes
-------------------------------------
Name(s): Peter Stokes

Authorised Signatory /
Signatories

                                       6

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