APA GROUP — Capital/Financing Update 2010

Feb 17, 2010

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ASX RELEASE 18 February 2010

The Manager

Company Announcements Office Australian Securities Exchange 4[th] Floor, 20 Bridge Street Sydney NSW 2000

Electronic Lodgement

Dear Sir or Madam

Company Announcement

I attach the following announcement for release to the market:

• APA Group Notice under ASIC Class Order [CO 09/425]

Yours sincerely

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Mark Knapman Company Secretary

18 February 2010

ASX RELEASE

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APA Group (ASX Code: APA): Notice under ASIC Class Order [CO 09/425]

This notice is given by Australian Pipeline Limited (ACN 091 344 704) in its capacity as responsible entity of each of Australian Pipeline Trust and APT Investment Trust (collectively, “ APA ”) under ASIC Class Order CO 09/425.

APA announced on Monday 15 February 2010 the offer of a Security Purchase Plan (“ SPP ”) to APA securityholders, providing them with an opportunity to acquire additional APA stapled securities up to a value of $15,000. The SPP offer opens today, Thursday 18 February 2010.

APA advises that:

1. APA will make offers to issue stapled securities under a purchase plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cwlth) (“ Corporations Act ”) and without giving a Product Disclosure Statement under Division 2 of Part 7.9 of the Corporations Act;

2. this notice is given by APA in accordance with ASIC Class Order [CO 09/425];

3. as at the date of this notice, APA has complied with:

• (a) the provisions of Chapter 2M of the Corporations Act as they apply to APA; and

• (b) section 674 of the Corporations Act; and

1. as at the date of this notice, there is no excluded information of the type referred to in sub‐sections 708A(7) and 708A(8) or sub‐sections 1012DA(7) and 1012DA(8) of the Corporations Act.

Yours faithfully,

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Mark Knapman Company Secretary Australian Pipeline Limited

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