APA GROUP — Director's Dealing 2018

Mar 6, 2018

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity APA Group (consisting of Australian Pipeline Trust (ARSN 091 678 778) and APT Investment Trust (ARSN 115 585 441)) ABN See above

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Michael Anthony Fraser
Date of last notice	6 October 2017

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to	Floxim Pty Ltd as Trustee for the Fraser FamilyTrust; andFFF Number 2 Pty Ltd as Trustee for
the relevant interest.	FFF Number 2 Fund
Date of change	5 March 2018 & 6 March 2018
	25,000 – Indirect through Floxim Pty Ltd as
No. of securities held prior to change	Trustee for the Fraser Family Trust25,000 – Indirect through FFF Number 2 Pty Ltd
	as Trustee for FFF Number 2 Fund
Class	Ordinary Stapled Securities
	10,000 – Indirect through FFF Number 2 Pty Ltd
Number acquired	as Trustee for FFF Number 2 Fund purchased on5thMarch 2018.40,000 – Indirect through FFF Number 2 Pty Ltd
	as Trustee for FFF Number 2 Fund purchased on6thMarch 2018
Number disposed	0

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration
Note: If consideration is non-cash, provide details andestimated valuation	$ 388,499.11
	25,000 – Indirect through Floxim Pty Ltd as
No. of securities held after change	Trustee for the Fraser Family Trust75,000 – Indirect through FFF Number 2 Pty Ltd
	as Trustee for FFF Number 2 Fund
Nature of change
Example: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment	On market trade
plan, participation in buy-back

Part 2 – Change of director’s interests in contracts – N/A

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	Not applicable.
If so, was prior written clearance provided to allow the tradeto proceed during this period?	Not applicable
If prior written clearance was provided, on what date was thisprovided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2