In accordance with constitutional changes to Australian Pipeline Limited, enabling unitholders to nominate and approve directors (other than the two directors appointed by The Australian Gas Light Company, the one director appointed by Petronas Nasional Berhad and the Managing Director), unitholders are advised that the
following directors are retiring at the end of the annual general meeting of Australian Pipeline Limited, having served in the position of director for more than three years and are offering themselves for re-election: -
Mr George Bennett Chairman of Australian Pipeline Limited
Mr Thomas Ford
Mr Robert Wright (who is also Chairman of the Audit and Risk Management Committee).
Unitholders are advised that, as part of the constitutional changes to Australian Pipeline Limited, unitholders may nominate candidates for the three directorial positions. Only completed nomination forms received at the ASX Perpetual Registrars Limited, Lock Bag A14, Sydney South NSW 1235 by no later than 5pm on 10
September 2004 will be accepted.
A candidate may withdraw his or her nomination for election by notification in writing to Australian Pipeline Trust at any time before the annual meeting.
Copies of the nomination form are available on the Australian Pipeline Trust website –
www.pipelinetrust.com.au, or by contacting ASX Perpetual Registrars Limited.
Voting to nominate candidates (from which three will be appointed as directors of APL), will occur at the unitholder annual meeting of APA (details above). Following completion of the unitholder annual meeting, the annual general meeting of Australian Pipeline Limited will occur to elect the directors, nominated and
approved by the unitholders of APA, to the vacant positions.
Australian Pipeline Trust will be holding its annual meeting at the Carlton Crest Hotel, Sydney on Wednesday, 20 October 2004 at 11.30am. A formal notice of meeting will be sent to all unitholders on the register as at 5pm on 6 September 2004.

G H Bennett
Chairman