APA GROUP — Capital/Financing Update 2016

Sep 5, 2016

Australian Pipeline Ltd ACN 091 344 704 | Australian Pipeline Trust ARSN 091 678 778 | APT Investment Trust ARSN 115 585 441 Level 19, 580 George Street Sydney NSW 2000 | PO Box R41 Royal Exchange NSW 1225

Phone +61 2 9693 0000 | Fax +61 2 9693 0093 APA Group | apa.com.au

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6 September 2016

ASX ANNOUNCEMENT

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

APA EXPANDS ITS EAST COAST GRID WITH REEDY CREEK WALLUMBILLA PIPELINE

Australia’s largest natural gas infrastructure business, APA Group (ASX:APA), today announced it will further expand its East Coast Gas Grid with the construction of a new gas transmission pipeline between APA’s Wallumbilla Hub and the Australia Pacific LNG Pipeline at Reedy Creek.

The Reedy Creek Wallumbilla Pipeline (“RCWP”) will expand APA’S 7,500 kilometre East Coast Grid by a further 50 kilometres providing a key link to the Wallumbilla Gas Hub for one of the 3 major LNG projects operating out of Gladstone.

APA will design, build, own and operate the pipeline. As part of the project, APA will also construct the associated connection and compression facilities. The total cost of the construction is expected to be in the order of $80 million.

APA has entered into a 20-year contract with Australia Pacific LNG Marketing Pty Limited to provide a bidirectional service of up to 300 TJ/d on the new pipeline.

APA Group Managing Director, Mr Mick McCormack said, “This new greenfield pipeline continues APA’s growth focus with another strategic energy infrastructure asset underwritten by a long-term contract with a highly creditworthy counterparty. It is always very pleasing to further our relationships with existing customers and offer additional services and facilities to add value to and enhance their operations.”

Following processing of the required pipeline development approvals and access arrangements, APA will commence construction in 2017, with the pipeline forecast to be commissioned around the middle of 2018.

“APA continues to pursue a growth strategy, and the RCWP project is one of a number of growth opportunities ahead of us.” said Mr McCormack.

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Nevenka Codevelle Company Secretary Australian Pipeline Limited

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For further information please contact:

Investor enquiries: Media enquiries: Yoko Kosugi Louise Watson Telephone: +61 2 9693 0049 Telephone: +61 2 8079 2970 Mob: +61 438 010 332 Mob: +61 419 185 674 Email: yoko.kosugi@apa.com.au Email: lwatson@symbolstrategic.com.au

About APA Group (APA)

APA is Australia’s largest natural gas infrastructure business, owning and/or operating around $20 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 ownership interests in a number of energy infrastructure enterprises including SEA Gas Pipeline, SEA Gas (Mortlake) Partnership, 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, apa.com.au

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