SUNCORP GROUP LIMITED — Director's Dealing 2009

Mar 10, 2009

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 30/9/2001.

Name of entity	Suncorp-Metway Limited
ABN	66 010 831 722

We (the entity) 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	Christopher Skilton
Date of last notice	20 October 2008

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.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Invia Custodian Pty Ltd as custodian for the Skilton Family Superannuation Fund – ability to influence voting and sale
Date of change	6 March 2009
No. of securities held prior to change	44,122 ordinary shares held in the Deferred Employee Share Plan. 333,164 ordinary shares held in the Executive Performance Share Plan.
Class	Fully paid ordinary shares
Number acquired	15,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimatedvaluation	$5.06 per share
No. of securities held after change	15,000 ordinary shares held by Invia Custodian Pty Ltd as custodian for the Skilton Family Superannuation Fund 44,122 ordinary shares held in the Deferred Employee Share Plan. 333,164 ordinary shares held in the Executive Performance Share Plan.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade

Appendix 3Y - Change of Director’s Interest Notice

C Skilton – 6 March 2009

Part 2 – Change of director’s interests in contracts

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

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter for defined terms.

Appendix 3Y Page 2