Brisbane, Aug 20, 2008 AEST (ABN Newswire) - Queensland Gas Company Limited (ASX:QGC)(PINK:QGSCF) will hold an Investor Briefing today, Wednesday 20 August 2008.

KEY POINTS

-Queensland Gas Company (QGC) has offered to acquire all the issues shares of Sunshine Gas

- The offer comes with two alternatives for shareholders - all QGC scrip or cash and QGC scrip

- The offer is unanimously recommended by Sunshine's voting directors

- The offer, if accepted, will add momentum to QGC's domestic strategies

QGC's Managing Director Mr Richard Cottee and Chief Financial Officer Mr Ian Davies will participate in the teleconference presentation in Brisbane at 3:20pm local time.

Participants should start calling the numbers set out below 5 minutes before the conference is due to commence.

Copies of QGC's announcement and investor presentation have been issued to the ASX and are available on the QGC website: www.qgc.com.au

To view Richard Cottee discussing the Sunshine Gas Offer, click on this link:

http://abnnewswire.net/lnk/UZ9C7930

Dial in details:
Date: Today, Wednesday 20 August 2008
Time: 3:20pm local time
Toll-free within Australia: 1800 131 617
International callers: +61 7 3107 0210

Contact

Information for Media:
Mr Hedley Thomas
General Manager
Communications and External Relations
Direct: +61 7 3020 9043
Mobile: +61 417 797 419

ASX Contact:
Mr Mark Anning
Company Secretary
Direct: +61 7 3020 9012

Information for investors:
Mr Ian Davies
Chief Financial Officer
Direct: +61 7 3020 9040


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