Australia and New Zealand Banking Group Ltd. — Capital/Financing Update 2014

Mar 23, 2014

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Media Release

For Release: 24 March 2014

ANZ closes CPS1 Reinvestment Offer (ANZPB)

ANZ today announced that the CPS1 Reinvestment Offer has closed. Eligible CPS1 Holders elected to reinvest approximately A$627 million CPS1 in ANZ Capital Notes 2.

All valid applications under the Reinvestment Offer have been accepted in full. As a result, 6,269,434 CPS1 will cease trading on ASX today, leaving 4,542,690 CPS1 outstanding.

Eligible CPS1 Holders who elected to reinvest CPS1 will be issued ANZ Capital Notes 2 on 31 March 2014. They are also entitled to the Pro Rata Dividend of $0.1381 per Reinvestment CPS1 for the Dividend Period from (and including) 17 March 2014 to (but excluding) the 31 March 2014 Dividend Payment Date.

Defined terms have the meaning given to them in the ANZ Capital Notes 2 Prospectus dated 19 February 2014.

For investor enquiries, please contact the ANZ Information Line on 1800 113 399 (Australia) or +61 3 9415 4010 (international).

For media enquiries only contact:

Stephen Ries Head of Media Relations Tel: +61 3 8654 3659 or 0409 655 551 Email: stephen.ries@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