12 Dec 2012

APA Group (APA) today announced its estimated interim distribution of 17.0 cents per stapled security for the six months ending 31 December 2012.

The actual amount of the interim distribution and its tax deferred status will be determined following finalisation of the half year results, which are due for release on 20 February 2013.

The key dates for the interim distribution are:

Securities trade "ex distribution" 21 December 2012

Record Date 31 December 2012

Payment Date 13 March 2013

There is no change with respect to prior guidance on distributions. APA expects distributions per security for the full year to 30 June 2013 to be at least equal to the total distributions for financial year 2012, that is, at least 35.0 cents per security, with distributions fully covered by operating cash flow.

The Distribution Reinvestment Plan (DRP) will operate for this interim distribution at a discount of 2.5%, and the DRP issue price will be based on the volume weighted average price of APA’s securities traded on the ASX for the ten trading days ending on 6 March 2013, less the discount.

Securityholders may elect to participate in the DRP or vary their participation by notice in writing to APA’s registry Link Market Services Limited. Forms can be downloaded from APA’s website www.apa.com.au or requested on 1800 992 312, and must be received by the Record Date (31 December 2012) to apply to this distribution.