AGK: Compulsory Acquisition of shares in Sydney Gas Limited Completed 

01 April 2009

Compulsory aquisition of shares in SGL completed

AGL Energy Limited ABN 74 115 061 375 (AGL) has now completed the compulsory acquisition of the remaining shares in Sydney Gas Limited ABN 93 003 324 310 (SGL) not already owned by it, pursuant to the Notice of Compulsory Acquisition lodged with the Australian Securities and Investments Commission on 25 February 2009.

We attach a copy of the written notice and covering letter which will be sent by SGL to each shareholder in accordance with section 666B(2)(c) of the Corporations Act 2001 (Cth) (Act). The notice informs each shareholder that the consideration for the acquisition of their shares has been received and is being held by SGL in accordance with the Act pending their instructions as to how it is to be dealt with.

It is expeccted that the Australian Securities Exchange will remove SGL from the official list pursuant to listing rule 17.14 shortly.

Yours sincerely,

Paul McWilliams
Company Secretary

Click here to view the attachment.