APA Group (ASX:APA) today announced its estimated final distribution of 20.5 cents per stapled security for the six months ending 30 June 2015.

Based on this estimate, together with the interim distribution of 17.5 cents paid in March 2015, total distributions for the 2015 financial year will be 38.0 cents per security.

APA's Chairman, Len Bleasel AM, said "The increased full year distribution is 4.8 per cent ahead of the previous year, reflecting our distribution policy that distributions will generally grow in line with operating cash flow. It is pleasing to note that, as expected, APA's cash flows have increased over the prior year primarily as a result of the ongoing growth of the East Coast Grid."

The actual amount of the final distribution and its status for taxation purposes will be determined following finalisation of the 2015 financial results, which are due for release on 26 August 2015.

The key dates for the final distribution are:

Securities trade ex-distribution: 26 June 2015
Record Date: 30 June 2015
Payment Date: 16 September 2015


Distribution Reinvestment Plan (DRP) remains suspended

The DRP remains suspended. All APA securityholders will receive their distribution in cash. Distribution payments to securityholders with a registered address in Australia or New Zealand will be paid only by direct credit to their nominated bank account. Securityholders are encouraged to check their payment details are up to date and, if a change is required, to promptly advise APA's registry, Link Market Services, by phoning the registry on 1800 992 312 or on-line at www.linkmarketservices.com.au.



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