Media Release

For Release: 5 May 2014

ANZ comments on APRA's proposed composition of Level Two ADI Group

ANZ today confirmed it has been advised in recent discussions with the Australian Prudential
Regulation Authority (APRA) that APRA is considering clarifying the composition of the Level
2 Authorised Deposit-Taking Institution (ADI) Group.
This change would impact the capital benefit arising from external debt held in ANZ Wealth
Australia Limited.
ANZ currently has two debt issuances held by ANZ Wealth Australia Limited of ~$400 million each, maturing in June 2015 and March 2016 respectively.
Should the change come into effect as currently proposed, it would reduce ANZ's Level 2 capital ratios by ~20 basis points, subject to any transitional arrangements agreed with APRA. Consistent with previous prudential changes we expect to meet any additional capital requirements through organic capital generation.

For media enquiries contact:

Stephen Ries
Head of Media Relations
Tel: +61-3-8654 3659
Email: stephen.ries@anz.com

For investor enquiries contact

Ben Heath
Senior Manager, Investor Relations
Tel: +61-3-8654 7793
Email: Ben.Heath@anz.com

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

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