Loy Yang Power 

02 March 2010

Attached is a copy of a joint media statement issued today by Loy Yang Power and Alcoa of Australia Limited.

AGL Energy Limited (AGL) owns a 32.5% interest in Great Energy Alliance Corporation, which has the Loy Yang A Power Station as its major asset.

Further inquiries:

Investor Relations
John Hobson, Head of Investor Relations
02 9921 2789
0488 002 460
John.hobson@agl.com.au

Media
Nathan Vass, Head of Media
02 9921 2264
0405 040 133
nvass@agl.com.au

About AGL
AGL is Australia's leading integrated renewable energy company and is taking action toward creating a sustainable energy future for our investors, communities and customers. Drawing on over 170 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has Australia's largest retail energy and dual fuel customer base. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is Australia's largest private owner and operator of renewable energy assets and is looking to further expand this position by exploring a suite of low emission and renewable energy generation development opportunities.