Apa Group · ASX:APA

Apa — Citi Australian Investor Conference 2010

14 slides from Apa's conference presentation, Oct 25, 2010

1. Slide 1: ASX Release cover letter

   For personal use only ASX RELEASE 25 October 2010 The Manager Company Announcements Office Australian Securities Exchange 4th Floor, 20 Bridge Street Sydney NSW 2000 Electronic Lodgement Dear Sir or Madam Company Announcement I attach the following announcement for release to the market: • APA Group

2. Slide 2: Gas-fired generation driving infrastructure growth

   For personal use only Gas‐fired generation driving infrastructure growth Mick McCormack, Managing Director Citi Australian Investor Conference, Sydney 25 October 2010

3. Slide 3: APA Group overview

   APA Group overview For personal use only Australia’s leading gas transmission and distribution business „ Infrastructure owner and operator – managing over $8 billion assets – >12,700 km gas transmission – >23,000 km gas distribution „ Delivering gas from all major gas production sources to all majo

4. Slide 4: APA growth drivers and opportunities

   APA growth drivers and opportunities For personal use only Growth drivers APA’s current development opportunities Gas supply and demand Gas fired power generation Roma Brisbane Pipeline Pipeline capacity expansion Gas storage APA Gas Network Expansion to new areas Moomba Sydney Pipeline Mainline cap

5. Slide 5: Electricity generation driving gas demand

   Electricity generation driving gas demand For personal use only „ Growth in gas volumes* – Average annual growth rate of 3.4% pa over the next 20 years (compared with 1.4% for primary energy) – 1,240 PJ in 2007‐08, doubling to 2,570 PJ in 2029‐30 „ Factors influencing gas demand increase – Investmen

6. Slide 6: Good reasons for gas-fired generation

   Good reasons for gas‐fired generation For personal use only „ Reduced carbon emissions tonnes CO2e/MWh sent out – Produces 30 to 50 per cent of the emissions produced by current coal technologies in generating electricity „ Quick start generation – Suitable for managing peak demand – Provides ‘natur

7. Slide 7: A well positioned portfolio

   A well positioned portfolio For personal use only Location of new and proposed gas fired generation Eastern WA & NT Generation (MW) market market Gas generation Existing ‐ network 8,446 4,122 Existing ‐ non network 333 1,495 Under construction/ 4,597 1,248 planned Proposed 14,622 528 Wind generation

8. Slide 8: Infrastructure and service requirements

   Infrastructure and service requirements For personal use only Gas related services and infrastructure APA services and infrastructure requirements „ Transport services Æ pipelines to transport gas „ Gas pipelines providing transportation and storage services „ Storage services Æ pipelines and storag

9. Slide 9: Currently delivering services to gas-fired generation

   Currently delivering services to gas‐fired generation For personal use only Uranquinty power station „ Multiple gas sources – Queensland and Cooper Basin gas via the Moomba Sydney pipeline – Victorian Gippsland and Otway basin gas via the Victorian Transmission System and NSW interconnect „ Flexibil

10. Slide 10: Summary

    Summary For personal use only „ Growth in gas fueled electricity generation – Forecast to grow on average 5% per year – tripling over the next 20 years „ Gas fired power generation benefits – Reducing carbon emissions – transition fuel – Providing peak services and wind generation back‐up – Mature t

11. Slide 11: APA's energy infrastructure portfolio

    APA’s energy infrastructure portfolio For personal use only 10

12. Slide 12: Disclaimer

    Disclaimer For personal use only The information contained in this presentation is given without any liability whatsoever to Australian Pipeline Trust or APT Investment Trust or any of its related entities (collectively “APA Group”) or their respective directors or officers, and is not intended to c

13. Slide 13: For further information contact

    For personal use only Celebrating 10 years of delivering Australia’s energy For further information contact Chris Kotsaris Investor Relations, APA Group Tel: +61 2 9693 0049 E‐mail: chris.kotsaris@apa.com.au or visit APA’s website www.apa.com.au 12

14. Slide 14: ASX Release contact and About APA Group

    For personal use only ASX RELEASE 25 October 2010 For further information please contact: Investor enquiries: Media enquiries: Chris Kotsaris Matthew Horan Investor Relations APA Group Cato Counsel Telephone: (02) 9693 0049 Telephone: (02) 9212 4666 Mob: 0402 060 508 Mob: 0403 934 958 Email: chris.k

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