The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. authorized a tender offer on October 18, 2012. Under the offer, the company will repurchase up to 3,463,415 shares, representing 20% of its issued share capital, at a cash purchase price of 95% of net asset value per share, determined as of the close of the regular trading session of the New York Stock Exchange, the principal market on which the shares are traded, on the business day immediately following the day the offer expires. If more than 3,463,415 shares, or such greater number of shares as the Fund may elect to purchase in accordance with applicable law, are validly tendered and not properly withdrawn before the expiration date, then the Fund will purchase validly tendered shares on a pro rata basis with appropriate rounding adjustments to avoid purchases of fractional shares, as provided in the offer to purchase.

The offer will expire on November 16, 2012. The Colbent Corporation acted as depository to the company.