Australia and New Zealand Banking Group Ltd. — Capital/Financing Update 2012

Dec 17, 2012

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For Release: 18 December 2012

ANZ prices cash tender offer for certain outstanding Commonwealth Guaranteed Transferable Certificates of Deposit (‘TCDs’)

On 10 December 2012, Australia and Zealand Banking Group Limited (‘ANZ’) announced a conditional offer to purchase:

• A$1,100,000,000 Floating Rate Transferable Certificates of Deposit (issued as Series No. 71 under a pricing supplement dated 16 January 2009) and guaranteed by the Commonwealth of Australia (the ‘Floating Rate TCDs’).

• A$2,410,000,000 5.25% Fixed Rate Transferable Certificates of Deposit (issued as Series No. 72 under pricing supplements dated 16 January 2009, 2 February 2009 and 24 March 2009) and guaranteed by the Commonwealth of Australia (the ‘Fixed Rate TCDs’).

Further to that announcement, ANZ announced today that:

• the offer has closed;

• it will accept for purchase A$2,364,774,000 of TCDs validly tendered (comprising, A$1,003,620,000 of Floating Rate TCDs and A$1,361,154,000 of Fixed Rate TCDs), with settlement scheduled to take place on 20 December 2012 (‘Settlement Date’);

• the Purchase Price for the Floating Rate TCDs was determined in accordance with the Offer Memorandum and is 102.017%; and

• the Purchase Price for the Fixed Rate TCDs was determined in accordance with the Offer Memorandum and is 104.760%.

For media inquiries contact: Stephen Ries Senior Manager Media Relations Tel: +61-3-8654-3659 or +61-409-655-551 Email: stephen.ries@anz.com

For investor inquiries contact: David Goode Head of Debt Investor Relations Tel: +61-3-8654-5357 Email: david.goode@anz.com

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