ASX RELEASE

Bank of Queensland Limited ABN 32 009 656 740

100 Skyring Terrace, Newstead 4006

GPO Box 898, Brisbane 4001

Telephone (07) 3212 3333

Facsimile (07) 3212 3409

www.boq.com.au



5 October 2015


POTENTIAL CLASS ACTION MEDIA RELEASE


Bank of Queensland Limited has become aware of a media release by Shine Lawyers dated 1 October 2015 stating that it is preparing to commence a class action against the Bank on behalf of certain customers who held Bank of Queensland Money Market Deposit Accounts.


The media release indicates the action will seek to recover compensation for people who suffered loss after transactions were performed on those accounts under the instruction of Brad Sherwin, his employees or his related entities, which the customers allege occurred contrary to the Bank's obligations under the Corporations Act 2001 (Cth) and to them as customers.


The media release also states that the action may be brought against the accounts administrator DDH Graham Limited.


No proceedings have been commenced and the Bank has received no formal notification of the potential class action from Shine Lawyers.


The Bank will defend any proceeding that may be commenced.


Ends


For further information please call: Media:

Jamin Smith, Head of Media Relations

P: 07 3212 3018 E: jamin.smith@boq.com.au


Analysts:

Daniel Ryan, Head of Investor Relations

P: 07 3212 3990 E: daniel.ryan@boq.com.au


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