Estimated Interim Distribution ending 31 Dec 2009

Estimated Interim  Distribution for the six months ending 31 December 2009

APA  Group  (APA)  today  announced  its  estimated  interim  distribution  of  15.75 cents  per  stapled  security  for  the  six  months  ending  31  December  209.   The 5%  increase  in  this  distribution  over  the  previous  corresponding  period  reflects the  guidance  given  at  the  2009  full  year  results  

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  24  February  2010.  

Timing  of  the  record  date  and  interim  distribution  announcement  has  been  set  to  correspond  with  the  full  year  results  timetable  

The  key  dates  for  the  interim  distribution  are:  

Securities  trade  "ex  distribution"

23  December  2009

Record  Date

31  December  2009 

Payment  Date

17  March  2010 

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  tading  days  ending  on  10  March  2010,  less  the  discount.  

Securityholders  may  elect  to  participate  in  the  DRP  or  vary  their  participation by  notice  in  writing  to  APA’s  registry  Link  Maret  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  2009)  to  apply to  this  distribution.     

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