Media Release

For Release: 5 March 2015

ANZ Bank New Zealand Capital Notes - Issue Size and Interest Rate

ANZ's wholly-owned subsidiary ANZ Bank New Zealand Limited (ANZNZ) today announced that the issue size of the offer of ANZ Capital Notes (Notes) to the New Zealand public has been increased to NZ$500 million. ANZNZ also announced that it has set the margin at
3.50% per annum and the initial fixed interest rate for the Notes of 7.20% per annum.
The Notes are non-cumulative, perpetual, subordinated, unsecured and mandatorily convertible into ANZ ordinary shares. Depending on the circumstances, the Notes may be repaid, converted into ANZ ordinary shares or written off.
The offer will open on 6 March 2015 and the issue date for the Notes will be 31 March 2015. The Notes will be part of the ongoing regulatory capital management program for ANZ and
ANZNZ and will constitute Additional Tier 1 capital for both the ANZ Level 2 Group and
ANZNZ.
The Notes are not being offered or sold in Australia.
For media enquires contact:
Stephen Ries
Head of Media Relations
Tel: +61 409 655 551
Email: stephen.ries@anz.com
For investor enquires contact:
Cameron Davis
Executive Manager, Investor Relations
Tel: +61 421 613 819
Email: cameron.davis@anz.com

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE U.S. This statement does not constitute an offer of any securities for sale. The securities offered will not be registered under the U.S. Securities Act of 1933 and may not

be offered or sold in the United States absent registration or an applicable exemption from
the registration requirements.

Australia and New Zealand Banking Group Limited ABN 11 005 357 522

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