AUB GROUP LIMITED — Board/Management Information 2010

Sep 29, 2010

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30[th] September 2010

The Manager Company Announcements Australian Securities Exchange Level 6, Exchange Centre 20 Bridge Street Sydney, NSW 2000

Dear Sir / Madam,

Re: Appointment of Director

Austbrokers Holdings Limited (AUB) announces that it has appointed Raymond John Carless as a Director, effective 1[st] October 2010.

Mr. Carless (age 56) has 34 years experience in the insurance industry based in Australia but with management responsibilities throughout the Pacific Rim. Until 2000 he was Managing Director of reinsurance brokers Benfield Greig in Australia, a position he had held for over 14 years, and he had also been a Director of the worldwide holding company located in London for 10 years. He has been a Director of a number of companies involved in the Australian insurance industry since 2000, and is currently chairman of The Mortgage Insurance Company Ltd. Mr. Carless has a Bachelor of Economics from the University of Sydney and is a Member of the Institute of Company Directors.

Austbrokers’ Chairman, Mr. Richard Longes stated “We are delighted that Ray will join the Austbrokers Board bringing many years experience in the general insurance industry and broking in particular.”

Yours faithfully,

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Stephen Rouvray Company Secretary Austbrokers Holdings Limited

For further information, contact Steve Rouvray Tel: (02) 9935 2201 Mobile: 0412 259 158