NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

Attached are sample copies of letters to be mailed today to eligible and ineligible shareholders in relation to participation in the pro rata accelerated renounceable entitlement offer announced by AGL Energy Limited on 20 August 2014.

Notification to Eligible Shareholder

Notification to Ineligible Shareholders.

About AGL
AGL is one of Australia's leading integrated energy companies and largest ASX listed owner, operator and developer of renewable energy generation in the country. Drawing on over 175 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 taking action toward creating a sustainable energy future for our investors, communities and customers.