News: AST APA Group Says Ausnet Grants Due Diligence Access To Co

Oct 25 (Reuters) - APA Group (APA) :

• AUSNET GRANTS DUE DILIGENCE ACCESS TO APA,APA-AST.AX
• APA HAS AGREED TO GRANT REVERSE DUE DILIGENCE ACCESS TO AUSNET
• AUSNET BOARD NOTES THAT THERE IS NO CERTAINTY THAT EITHER BROOKFIELD OR APA WILL SUBMIT A BINDING PROPOSAL
• CONTINUING TO PROVIDE BROOKFIELD WITH DUE DILIGENCE ACCESS AND CONTINUING TO ENGAGE WITH BROOKFIELD ON ITS PROPOSAL
• DUE DILIGENCE ARRANGEMENTS WITH APA ARE NON-EXCLUSIVE
• NOTES THAT THERE IS NO CERTAINTY THAT EITHER BROOKFIELD OR APA WILL SUBMIT A BINDING PROPOSAL