Australia and New Zealand Banking Group Ltd. — Director's Dealing 2008

Dec 18, 2008

Rule 3.19A.2

Appendix 3Y

Appendix 3Y

Change of Director’s Interest Notice

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

We Australia and New Zealand Banking Group Limited give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mr Michael Roger Pearson Smith
Date of last Notice	19 February 2008

Part 1 – Change of director’s relevant interest in securities

Ordinary Shares:

Direct interestIndirect interest		43,950330,033
Nature of indirect interestANZEST Pty Ltd-ANZ Employee Share AcquisitionPlan	Number & Class of SecuritiesOrdinary Shares330,033
**No of securities heldprior to change **		373,983
**Date of change **	N/A
Class	N/A
Number acquired (Direct)	N/A
Number disposed of	N/A
Nature of Change	N/A
Value/Consideration	N/A
Number of securities held after changeDirect – UnchangedIndirect – Unchanged		43,950330,033
Total of Interest		373,983

Options over unissued ordinary shares:

Direct InterestIndirect Interest	779,002Nil
**No of securities heldprior to change **	779,002
**Date of change **	18 December 2008
Class	Options over unissued OrdinaryShares
Number acquired – Direct Interest	700,000

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Rule 3.19A.2

Appendix 3Y

Number disposed of	Nil	Nil
Nature of Change	Grant of options in accordance with resolution ofshareholders at 2008 Annual General Meeting on theterms and conditions described in the Notice ofAnnual General Meeting and the Explanatory Noteswhich accompanied the Notice.
Value/Consideration	Nil consideration
Number of securities held after changeDirect Interest – Increased (by 700,000)Indirect Interest – Unchanged		1,479,002Nil
Total of Interest		1,479,002

Part 2 – Change of director’s interests in contracts – Nil

................................................ John Priestley Company Secretary Australia and New Zealand Banking Group Limited 19 December 2008

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