Investor Presentaiton

Barker Inlet Power Station Construction set to begin early in 2018 calendar year ag agl - Improved efficiency, reducing AGL total gas usage Dual fuel operations driving down fixed cost of gas haulage and swing Option to running on diesel caps cost of gas for generation Step change in reliability through multiple newer units, improving contracting ability Extremely rapid start up times to balance high penetration of renewables in South Australian market Reciprocating engine technology is best suited to five-minute market Investor Day | 13 December 2017 23

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