APA GROUP — Capital/Financing Update 2011

Jun 15, 2011

16 June 2011

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ASX RELEASE

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 acquires the Amadeus Gas Pipeline in the Northern Territory

Yours sincerely

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Mark Knapman Company Secretary

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ASX RELEASE

16 June 2011

APA acquires the Amadeus Gas Pipeline in the Northern Territory

APA Group (ASX:APA), Australia’s largest natural gas infrastructure business, announced today it will acquire the 1,630 km Amadeus Gas Pipeline in the Northern Territory for $63 million. The acquisition is supported by a long term gas transportation agreement.

Commissioned in 1986, the Amadeus Gas Pipeline transports gas to Darwin, Katherine and other locations principally to fuel power generation in the Northern Territory. Gas is delivered into the pipeline via the Bonaparte Gas Pipeline as well as from the Amadeus Basin in Central Australia.

Since 1986 the Amadeus Gas Trust has leased the pipeline from a consortium of financial institutions, and NT Gas as trustee for the Amadeus Gas Trust has managed and operated the pipeline. APA holds a 96% interest in NT Gas and the Amadeus Gas Trust. APA is acquiring the pipeline and associated assets at the end of that lease.

APA has entered into a long term gas transportation agreement with Power and Water Corporation, the Northern Territory’s government owned electricity provider. The agreement provides for services on the pipeline to meet the growing energy needs of the Northern Territory and underpins the acquisition.

APA Managing Director, Mick McCormack said the acquisition ensures APA’s continued presence in the Northern Territory. “I’m proud of our long history in the Territory. This acquisition, together with our gas transportation agreement, strengthens our strong relationship with Power and Water Corporation and our commitment to meeting the energy requirements of the Territory for the long term.”

The acquisition of the pipeline complements APA's interest in the Bonaparte and Wickham Point pipelines and reinforces operational synergies between the three assets. The assets also provide APA with the ability to capture new growth opportunities in the Northern Territory when they arise.

For further information please contact:

Investor enquiries: Media enquiries: Chris Kotsaris Matthew Horan Investor Relations APA Group Cato Counsel Telephone: (02) 9693 0049 Telephone: (02) 9212 4666 Mob: 0402 060 508 Mob: 0403 934 958 Email: chris.kotsaris@apa.com.au Email: matthew@catocounsel.com.au

About APA Group (APA)

APA is Australia’s largest natural gas infrastructure business, owning and/or operating more than $8 billion of gas transmission and distribution assets. Its pipelines and assets span every state and territory on mainland Australia, delivering more than 50% of the nation’s gas usage. Unique amongst its peers, APA has direct management and operational control over its assets and the majority of its investments. APA also holds minority interests in energy infrastructure enterprises including Envestra, SEA Gas Pipeline, Hastings Diversified Utilities Fund and Energy Infrastructure Investments.

For more information visit APA’s website, www.apa.com.au

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APA’s Northern Territory assets

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----- Start of picture text ----- WICKHAM POINT DARWINPIPELINEBan Ban SpringsAPA pipelines and networksWadeyeAPA investmentsBONAPARTEPIPELINE Other pipelinesDaly WatersAMADEUS GASPIPELINETennantCreekMereenie Palm Alice SpringsValley----- End of picture text -----

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