ORIGIN ENERGY LIMITED — Capital/Financing Update 2015

Aug 3, 2015

==> picture [100 x 101] intentionally omitted <==

To	Company Announcements Office		Facsimile	1300 135 638
Company	ASX Limited		Date	4 August 2015
From	Helen Hardy		Pages	3
Subject	Origin announces sale of entire interest in Contact Energy Preference Shares			– implications for OCF

Please find attached a release on the above subject.

Regards

==> picture [122 x 69] intentionally omitted <==

Helen Hardy Company Secretary

02 8345 5000 – helen.hardy@originenergy.com.au

Origin Energy Limited ACN 000 051 696 • Level 45 Australia Square, 264-278 George Street, Sydney NSW 2000 GPO Box 5376, Sydney NSW 2001 • Telephone (02) 8345 5000 • Facsimile (02) 9252 1566 • www.originenergy.com.au

==> picture [75 x 102] intentionally omitted <==

ASX/Media Release

4 August 2015

Origin announces sale of entire interest in Contact Energy – implications for OCF Preference Shares

Origin Energy Limited (ASX: OEL), the parent company of Origin Energy Contact Finance No. 2 Limited (Origin Energy Contact Finance) (NZX: OCF) today announced it had entered into an underwriting agreement for the sale of the 53.09 per cent shareholding in Contact Energy Limited (NZX: CEN) held by its New Zealand wholly owned subsidiaries. Subject to settlement of that sale, Origin Energy Contact Finance intends to redeem the Preference Shares issued by it (NZX: OCFHA) (Preference Shares).

Under the terms of the Preference Shares, Origin Energy Contact Finance is required to give all holders of the Preference Shares 20 business days’ notice prior to the redemption of the Preference Shares. Accordingly, subject to completion of the sale of the Contact Energy shares, it is expected that the notice of redemption will be sent to holders on or about 10 August 2015, and that payment of the redemption amount and the final dividend will be made on or about 7 September 2015. The amount paid on redemption will be the Issue Price plus the final dividend calculated up to the date of redemption.

A trading halt has been sought in respect of the Preference Shares while the bookbuild for Contact Energy shares is conducted. If a trading halt is granted, the Preference Shares will continue in trading halt until the results of that bookbuild are announced.

For further information please contact:

Media Investors Stephen Ellaway Chau Le Senior External Affairs Manager Group Manager, Investor Relations Ph: +61 2 9375 5834 Ph: +61 2 9375 5816 Mobile: +61 417 851 287 Mobile: +61 467 799 642

About Origin Energy

Origin Energy (ASX: ORG) is the leading Australian integrated energy company focused on gas and oil exploration and production, power generation and energy retailing. A member of the S&P/ASX 20 Index, the Company has approximately 6,900 employees and is a leading producer of gas in eastern Australia. Origin is Australia’s largest energy retailer servicing 4.3 million electricity, natural gas and LPG customer accounts and has one of the country’s largest and most flexible generation portfolios with approximately 6,010 MW of capacity, through either owned generation or contracted rights.

Origin’s strategic positioning and portfolio of assets provide flexibility, stability and significant opportunities for growth across the energy industry. Through Australia Pacific LNG, its incorporated joint venture with ConocoPhillips and Sinopec, Origin is developing one of Australia’s largest CSG to LNG projects based on Australia’s largest 2P CSG reserves base.

==> picture [74 x 101] intentionally omitted <==

In New Zealand, Origin operates oil and gas projects and holds petroleum exploration interests.

Origin has a strong focus on ensuring the sustainability of its operations, is the largest green energy retailer in Australia and has significant investments in renewable energy technologies. For more information go to www.originenergy.com.au