Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.

Name of the Entity	AGL Energy Limited
ABN	74 115 061 375

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MAXWELL GILBERT OULD
Date of last notice	5 OCTOBER 2010

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Part 1 - Change of director's relevant interests in securities

Direct or Indirect Interest	DIRECT
Note: Provide details of the circumstances giving rise to the relevant interest. Nature of indirect interest (including registered holder)
Date of Change	14-APRIL-2011
No. of securities prior to change	INDIRECT 5000 DIRECT 23,183
Class	ORDINARY
Number Acquired	479
Number Disposed
valuation Note: If consideration is non-cash, provide details and estimated Value/Consideration	$14.04
No. of securities held after change	INDIRECT 5000 DIRECT 23,662
of securities under dividend reinvestment plan, participation in buyback Example: on-market trade, off-market trade, exercise of options, issue Nature of change	AGL SHARE PURCHASE PLAN

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
Part 2 - Change of director's interests in contracts

Detail of Contract
Nature of interest
Name of registered holder (if issued securities)
Date of Change
which the interest has changed Note: Details are only required for a contract in relation to Number and class of securities to which interest related to prior change
Interest acquired
Interest disposed
estimated valuation Note: If consideration is non-cash, provide details and an Value/Consideration
Interest after change

About AGL
AGL is one of Australia's leading integrated 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.