MYSTATE LIMITED — Regulatory Filings 2015

Dec 10, 2015

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ASX/Media Release

11 December 2015

Standard & Poor's affirms rating for MyState Bank with improved outlook

MyState Limited (ASX: MYS) the ASX-listed banking and wealth management group, today announced that Standard and Poor's has affirmed MyState Bank Limited's BBB rating, improving its outlook from stable to positive. According to Standard and Poor's, the revised outlook reflects MyState Bank’s improving asset quality. The ‘BBB’ long term credit rating on MyState Bank reflects the bank’s strong capital position and its focus on low risk residential mortgages. MyState Bank Limited trades through its banking brands MyState Bank and The Rock.

MyState Limited's Managing Director Melos Sulicich said: "We are very pleased that Standard and Poor's has improved its outlook for MyState Bank while affirming its rating. We have prudently increased our loan book while maintaining high loan quality, changing our product offerings to minimise risk. Credit quality remains a cornerstone of our business as we continue to diversify our asset base."

-ENDS-

Investor Enquiries

David Harradine, Chief Financial Officer, MyState Limited, 0414 258 540 Greg Slade, Slade Investor Relations, 0488 917 882

Media Enquiries

Chris Thornton, General Manager, Product and Marketing, MyState Limited, 0403 940 537 Ashley Rambukwella, Financial & Corporate Relations, 0407 231 282

About MyState Limited

MyState Limited is the ASX-listed non-operating holding company of the diversified financial services group consisting of MyState Bank (including The Rock – A division of MyState Bank) and Tasmanian Perpetual Trustees, a trustee and wealth management company. MyState Bank is regulated by the Australian Prudential Regulatory Authority. MyState Bank and Tasmanian Perpetual Trustees hold Australian Financial Services Licences issued by the Australian Securities and Investments Commission.