AGL Reserves Report FY11

AGL Energy Limited (AGL) announced that it has increased its total proved plus probable (2P) gas reserves entitlement as at 30 June 2011to 2,089 petajoules (PJ), an increase of 511 PJ (32%) over the past 12 months.

This increase is net of production over the intervening period.

Further details are included in the Appendix A.

Vikki Shizas
Acting Company Secretary

About AGL

AGL is one of Australia's leading integrated renewable energy companies 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 one of Australia's largest retail energy and dual fuel customer bases. 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.