FROM the BBP website;"Manager Base FeeBabcock & Brown Power...

FROM the BBP website;

"Manager Base Fee

Babcock & Brown Power Management Pty Limited (BBPM), a wholly owned subsidiary of Babcock & Brown, is the Manager of both Babcock & Brown Power Limited (BBPL) and Babcock & Brown Power Trust (BBPT).

Under the BBPL Management Agreement, Quarterly fees of 1% p.a. of Net Investment Value, split between BBPL (0.8% p.a.) and BBPT (0.2% p.a.) are payable to the Manager less, in the case of BBPT, the amount of any remuneration payable to BBPS and Responsible Entity.

For more detail on the Manager Base Fee, refer to page 75 of Babcock & Brown Power's Prospectus which can be downloaded by clicking here. The Base Fee for FY2009 has been waived and is under review in relation to FY2010."

So no effect.