Aurizon : March 2014 Quarter Above Rail Volumes

ASX Market Announcements

ASX Limited

20 Bridge Street

Sydney NSW 2000

30 April 2014

BY ELECTRONIC LODGEMENT Aurizon - March 2014 Quarter Above Rail Volumes

Please find attached an announcement for immediate release to the market. Yours faithfully

Dominic D Smith

VP & Company Secretary

Dominic D Smith

Vice President & Company Secretary

Aurizon Holdings Limited

ABN 14 146 335 622

T [phone]

F [phone]

E [e-mail]

W aurizon.com.au

Level 17, 175 Eagle Street

Brisbane QLD 4000

GPO Box 456

Brisbane QLD 4001

AURIZON HOLDINGS LTD QUARTERLY ABOVE RAIL VOLUMES March Quarter 2014 Coal volumes (mt)

Queensland

NSW Total

Quarter ended Quarter Mar‐14 vs Mar‐13 %

14%

2%

11%

Financial Year to date YTD Mar‐14 vs Mar‐13 %

13%

9%

12%

Coal NTK (bn) Queensland NSW

Total

22%

0%

19%

18%

12%

17%

Iron ore volumes (mt)

14%

31%

Iron ore NTK (bn)

11%

21%

Freight volumes (mt)

‐3%

‐4%

Freight NTK (bn)

0% ‐2%

Commentary for the quarter

Coal:

• March 2014 quarter volumes of 48.6mt represented growth of 11% compared to the previous corresponding period (pcp)

• Queensland volumes increased 14% compared to the pcp due to increased demand, with a major customer operating under a legacy contract continuing to contribute a significant portion of the growth. Volumes in the quarter were impacted by weather related port closures which are

typical during the March quarter as well as seasonal effects following the end of the calendar year

• NSW volumes increased 2% compared to the pcp with growth impacted by industrial action in late February as well as seasonal effects

• Net Tonne Kilometres (NTK) growth of 19% compared to the pcp reflects increased growth in longer haul contracts in Queensland

• Guidance for FY2014 remains 207‐212mt which takes into account recent (April) weather impacts from tropical cyclone Ita

Iron ore:

• March 2014 quarter volumes of 7.5mt represent 14% growth compared to the pcp and remain consistent with the ramp up towards full contractual

railings of 30mt in FY2014. As disclosed to the market in February during our 1HFY2014 results, our contractual railings for FY2015 will decline due to the end of two contracts (Mineral Resources and Mt Gibson's Tallering Peak mine)

• NTKs grew 11%, consistent with the volume growth

Freight:

• March 2014 quarter volumes of 10.8mt represent a 3% decrease compared to the pcp

• Bulk volumes decreased 6% compared to the pcp principally due to one customer's supply of nickel being impacted by an Indonesian Government

embargo on nickel exports in addition to other minor supply and demand issues for other customers

• Intermodal volumes have increased 20% compared to the pcp principally due to volumes from new customers

• NTKs were flat compared to the pcp due to the long hauls associated with the new Intermodal volumes increasing the average haul length

AURIZON HOLDINGS LTD

QUARTERLY ABOVE RAIL VOLUMES Historical Data

Quarter ended

Financial year ended

Coal volumes (mt)

Sep‐10 Dec‐10 Mar‐11 Jun‐11 Sep‐11 Dec‐11 Mar‐12 Jun‐12 Sep‐12 Dec‐12 Mar‐13 Jun‐13 Sep‐13 Dec‐13 Mar‐14 Jun‐11 Jun‐12 Jun‐13

Queensland 47.7 39.7 28.0 36.6 40.2 40.8 34.5 36.2 37.3 41.1 34.3 43.1 43.8 44.8 39.1 152.0 151.7 155.8

NSW 5.8 6.5 8.5 8.8 8.1 8.4 8.1 9.3 9.2 9.7 9.3 9.7 9.7 11.4 9.5 29.6 33.9 37.9

Total 53.5 46.2 36.5 45.4 48.3 49.2 42.6 45.5 46.5 50.8 43.6 52.8 53.5 56.2 48.6 181.6 185.6 193.7

Contracted coal tonnes (mt) *

Queensland 209 205 200

NSW 30 40 40

Total 239 245 240

Coal NTK (bn)

Queensland 11.5 9.3 6.6 9.0 9.7 9.8 8.3 9.0 9.0 10.0 8.2 10.6 10.9 11.2 10.0 36.4 36.8 37.8

NSW 0.9 1.0 1.3 1.3 1.2 1.3 1.2 1.4 1.4 1.5 1.4 1.5 1.5 1.9 1.4 4.5 5.1 5.8

Total 12.4 10.3 7.9 10.3 10.9 11.1 9.5 10.4 10.4 11.5 9.6 12.1 12.4 13.1 11.4 40.9 41.9 43.6

Iron ore volumes (mt) 3.0 3.0 2.8 2.7 2.9 2.8 3.7 4.2 4.6 6.0 6.6 7.5 7.2 7.8 7.5 11.5 13.6 24.7

Iron ore NTK (bn) 1.4 1.3 1.3 1.2 1.3 1.4 1.9 2.1 2.2 2.6 2.7 2.8 3.0 3.1 3.0 5.2 6.7 10.3

Freight volumes (mt) 13.7 13.0 11.2 12.1 13.4 13.9 13.1 12.6 13.2 12.7 11.1 12.3 12.6 12.0 10.8 50.0 53.0 49.3

Freight NTK (bn) 3.7 3.6 3.0 3.5 3.6 3.7 3.4 3.6 3.4 3.4 3.0 3.4 3.3 3.3 3.0 13.8 14.3 13.2

* Note contracted coal tonnes represent the level as at the end of the relevant financial year