APA GROUP — Capital/Financing Update 2013

Oct 22, 2013

23 October 2013

ASX ANNOUNCEMENT

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APA Group (ASX: APA) (also for release to APT Pipelines Limited (ASX: AQH))

APA signs new gas transportation agreement with EnergyAustralia

APA Group (ASX:APA), Australia’s largest natural gas infrastructure business, today announced a new gas transportation agreement with EnergyAustralia Pty Ltd (EnergyAustralia).

The new agreement provides for the delivery of gas sourced from Victoria into New South Wales via APA's Moomba Sydney Pipeline and Victorian Transmission System. The agreement has an initial term of 4.5 years, commencing January 2015, and replaces the current contract between APA and EnergyAustralia for the transportation of gas from Moomba.

To accommodate increased gas flows from Victoria, APA will expand the capacity of the northern zone of the Victorian Transmission System by looping sections of the Wollert to Barnawatha pipeline, at a cost of approximately $70 million. This expansion is approved under the current access arrangement, and is in addition to the expansion required for Origin Energy announced on 26 September 2013.

As a result of both expansions, the peak winter gas flow capacity from the Victorian Transmission System into the Moomba Sydney Pipeline System will increase by 125 per cent. Work on both expansions will commence this year and be completed by winter 2015.

APA Managing Director Mick McCormack said, "This agreement with EnergyAustralia, which follows the agreement recently announced between APA and Origin Energy, will help increase flexibility of gas supply into New South Wales.

“The expansions on the Victorian Transmission System will further enhance APA’s pipeline grid, and give our customers greater flexibility in sourcing and transporting gas across the east coast."

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Mark Knapman Company Secretary Australian Pipeline Limited

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For further information please contact:

Investor enquiries: Media enquiries: Chris Kotsaris David Symons Telephone: (02) 9693 0049 Telephone: (02) 9212 4666 Mob: 0402 060 508 Mob: 0410 559 184 Email: chris.kotsaris@apa.com.au Email: media@apa.com.au

About APA Group (APA)

APA is Australia’s largest natural gas infrastructure business, owning and/or operating $12 billion of energy assets. Its gas transmission pipelines span every state and territory on mainland Australia, delivering approximately half of the nation’s gas usage. 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, Energy Infrastructure Investments and GDI.

APT Pipelines Limited is a fully owned subsidiary of Australian Pipeline Trust and is the borrowing entity of APA Group.

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

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