APA GROUP — Capital/Financing Update 2018

Apr 30, 2018

Australian Pipeline Ltd ACN 091 344 704 | Australian Pipeline Trust ARSN 091 678 778 | APT Investment Trust ARSN 115 585 441 Level 25, 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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1 May 2018

ASX ANNOUNCEMENT

APA Group (ASX: APA)

APA SIGNS EAST COAST GRID GTA EXTENSION

APA Group (ASX:APA), Australia’s leading energy infrastructure business, today announced it has signed an extension to an existing East Coast Grid gas transportation agreement (GTA). The terms of the extension are consistent with the expiring GTA terms and APA’s current pricing methodologies. The contract extension provides for southerly services on APA’s East Coast Grid for an additional two years when the existing contract expires on 31 December 2018. The extension is expected to generate approximately $38 million of revenue over the two year period and also includes a further one year extension option.

Managing Director Mick McCormack said, “It is always pleasing to make announcements such as this one, where we have worked closely with an existing major customer to provide cost effective services and the flexibility required to help them meet their gas transportation needs. We are always looking at ways to add value for our customers so as to optimise their energy needs.

”APA has invested significantly in developing the East Coast Grid which has in turn enabled our customers to benefit from an extensive network of gas pipeline infrastructure up and down eastern Australia that provides the flexibility required in the dynamic gas market we’re now operating in.

“If we can help our customers grow their businesses by providing smart and flexible solutions that assist them to meet the requirements of their own customers and energy portfolios, then that further supports our investment in bringing together the grid. Currently, APA is in the midst of around $1.3 billion plus of further committed growth capital projects, the vast majority of which are for existing customers wanting new energy solutions.”

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Nevenka Codevelle

Company Secretary Australian Pipeline Limited

For further information please contact:

Investor enquiries: Media enquiries: Jennifer Blake Louise Watson Telephone: +61 2 9693 0097 Telephone: +61 2 8011 0591 Mob: +61 406 42 775 Mob: +61 419 185 674 Email: jennifer.blake@apa.com.au Email: lwatson@symbolstrategic.com.au

About APA Group (APA)

APA is Australia’s largest energy infrastructure business, owning and/or operating in excess of $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 and GDI Allgas Gas Networks.

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