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APA GROUP Capital/Financing Update 2014

Jun 29, 2014

64398_rns_2014-06-29_e58fa548-5ada-467b-8e7a-b494bd9c20e5.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

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30 June 2014

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

New gas transport and storage services agreement on APA’s east coast grid

APA Group (ASX:APA), Australia’s largest natural gas infrastructure business, today announced it has entered into a new agreement with an existing customer for additional gas transportation and storage services on APA’s east coast grid.

The new agreement, which has services commencing in September 2015, is for an initial term of seven years with an option for up to a further three years, making use of available pipeline capacity and without further significant capital investment by APA. The agreement provides for flexible gas transportation services from multiple receipt and delivery points on the grid – in particular utilising the Moomba Sydney Pipeline – as well as gas storage services. The total minimum revenue for the initial term exceeds $80 million.

APA Managing Director Mick McCormack said, “Our interconnected grid on the east coast is opening up a new range of services and providing shippers with new flexibility in how they manage their upstream and downstream portfolios.

“Against the backdrop of a very dynamic gas market in the south east of Australia we are optimising the use of our existing assets, such as the Moomba Sydney Pipeline, as well as progressively developing our infrastructure and services in response to the requirements of our customers and the market.”

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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) 8306 4244 Mob: 0402 060 508 Mob: 0410 559 184 Email: [email protected] Email: [email protected]

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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