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APA GROUP Capital/Financing Update 2015

Aug 25, 2015

64398_rns_2015-08-25_14acaab0-f323-4d6d-946f-a3a51263ff45.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

26 August 2015

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

WALLUMBILLA GLADSTONE PIPELINE FORWARD EXCHANGE CONTRACTS

Further to the release today of its FY2015 Annual Financial Results, and in response to stakeholder inquiries, APA Group (ASX: APA) notes that Net US Dollar cashflows received (after servicing USD interest expenses) from the Wallumbilla Gladstone Pipeline (formerly the QCLNG Pipeline) have been hedged utilising a series of rolling forward exchange contracts through to the end of FY2018.

The average forward USD/AUD exchange rates applying to the contracts executed with respect to the three years FY2016 to FY2018 are 0.7577, 0.7381 and 0.7282 respectively.

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Mark Knapman Company Secretary Australian Pipeline Limited

For further information please contact:

Investor enquiries: Media enquiries: Yoko Kosugi David Symons Telephone: +61 2 9693 0049 Telephone: +61 2 8306 4244 Mob: +61 438 010 332 Mob: +61 410 559 184 Email: [email protected] Email: [email protected]

About APA Group (APA)

APA is Australia’s largest natural gas infrastructure business, owning and/or operating around $19 billion of energy infrastructure 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 a number of energy infrastructure enterprises including SEA Gas Pipeline, Energy Infrastructure Investments, GDI Allgas Gas Networks and Diamantina and Leichhardt Power Stations.

APT Pipelines Limited is a wholly 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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