Australia and New Zealand Banking Group Ltd. — Director's Dealing 2011

Feb 27, 2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

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 23 February 2011

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Ordinary Shares:

	Direct or indirect interest	Direct or indirect interest	Direct or indirect interest	Direct -Indirect-	Direct -Indirect-	Direct -Indirect-	633,645192,336
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.ANZEST Pty Ltd-ANZ Employee Share AcquisitionPlan			Ordinary Shares192,336
	Date of change			25 February 2011
	No. of sec	urities held prior to change					825981
							,
	Class
				Ordina	ry Shares
	Number a	cquired (direct)		Ordina	ry Shares 46	,053
	Number dANZES	isposed (indirect)Pt Ltd		Odi	Sh 46	053
	-	yANZ Employee Share	Acquisition	rna	ry ares	,
	P	lan

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non‐cash, provide details andestimated valuation	No consideration was paid in relation to thischange.	No consideration was paid in relation to thischange.
No. of securities held after changeDirect - Increased (by 46,053)Indirect - Decreased (by 46,053)Total of interest		679,698146,283825,981
Nature of changeExample: on‐market trade, off‐market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,participation in buy‐back	46,053 Ordinary Shares previously held on MrSmith’s behalf under the ANZ Employee ShareAcquisition Plan have been moved out of thePlan and into Mr Smith’s own name.

Options over unissued ordinary shares:

Direct or indirect interest	Direct - 1,473,546Indirect-Nil
Date of change	N/A
No. of securities held prior to change	1,473,546
Class	N/A
Number acquired	N/A
Number disposed (direct)	N/A
Value/ConsiderationNote: If consideration is non‐cash, provide details andestimated valuation	N/A
No. of securities held after changeDirect - UnchangedIndirect - Unchanged	1,473,546Nil
Nature of changeExample: on‐market trade, off‐market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,participation in buy‐back	41 488N/A

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

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

……………………………. John Priestley Company Secretary Australia and New Zealand Banking Group Limited 28 February 2011

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3