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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PSX4DyX1OzrrpKKOXKTSep/jNHLaaF9DaBUNs2IDswrKjxXIVFaPUys70PKaFsoc
 sNPeyvbyQpJq4ajsvwA78g==

<SEC-DOCUMENT>0001140361-09-028194.txt : 20091206
<SEC-HEADER>0001140361-09-028194.hdr.sgml : 20091206
<ACCEPTANCE-DATETIME>20091204170228
ACCESSION NUMBER:		0001140361-09-028194
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20091204
DATE AS OF CHANGE:		20091204
EFFECTIVENESS DATE:		20091204

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Prime Infrastructure Trust 2
		CENTRAL INDEX KEY:			0001477647
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			C3

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-136637
		FILM NUMBER:		091224168

	BUSINESS ADDRESS:	
		STREET 1:		LEVEL 10, CHIFLEY TOWER
		STREET 2:		2 CHIFLEY SQUARE
		CITY:			SYDNEY
		STATE:			C3
		ZIP:			2000
		BUSINESS PHONE:		01161 2 9229 1800

	MAIL ADDRESS:	
		STREET 1:		LEVEL 10, CHIFLEY TOWER
		STREET 2:		2 CHIFLEY SQUARE
		CITY:			SYDNEY
		STATE:			C3
		ZIP:			2000
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001477647</cik>
        <entityName>Prime Infrastructure Trust 2</entityName>
        <issuerAddress>
            <street1>LEVEL 10, CHIFLEY TOWER</street1>
            <street2>2 CHIFLEY SQUARE</street2>
            <city>SYDNEY</city>
            <stateOrCountry>C3</stateOrCountry>
            <zipCode>2000</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>01161 2 9229 1800</issuerPhoneNumber>
        <jurisdictionOfInc>AUSTRALIA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Prime SPARCS Trust</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Business Trust</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Leigh</firstName>
                <middleName>Loddington</middleName>
                <lastName>Hall</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Level 10, Chifley Tower</street1>
                <street2>2 Chifley Square</street2>
                <city>Sydney, NSW</city>
                <stateOrCountry>C3</stateOrCountry>
                <zipCode>2000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-11-19</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>500000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Macquarie Capital Advisers Limited</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>Macquarie Capital (USA) Inc.</associatedBDName>
                <associatedBDCRDNumber>36368</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>No. 1 Martin Place</street1>
                    <city>Sydney, NSW</city>
                    <stateOrCountry>C3</stateOrCountry>
                    <zipCode>2000</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Credit Suisse (Australia) Limited</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>Credit Suisse Securities (USA) LLC</associatedBDName>
                <associatedBDCRDNumber>816</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>Level 31, Gateway Building</street1>
                    <street2>1 Macquarie Place</street2>
                    <city>Sydney, NSW</city>
                    <stateOrCountry>C3</stateOrCountry>
                    <zipCode>2000</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>368600000</totalOfferingAmount>
            <totalAmountSold>368600000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>The Total Offering Amount and Total Amount Sold have been converted to U.S. dollars using the spot exchange rate for Australian dollars in effect on November 19, 2009.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>28</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>14700000</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>The Sales Commissions have been converted to U.S. dollars using the spot exchange rate for Australian dollars in effect on November 19, 2009.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Prime Infrastructure Trust 2</issuerName>
                <signatureName>/s/ Michael Ryan</signatureName>
                <nameOfSigner>Michael Ryan</nameOfSigner>
                <signatureTitle>General Clunsel and Company Secretary</signatureTitle>
                <signatureDate>2009-12-04</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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