SUNCORP GROUP LIMITED — Director's Dealing 2010

Feb 28, 2010

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	Stuart Ian Grimshaw
Date of last notice	28 January 2010

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

Direct or indirect interest	Direct & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect - Essignee Pty Ltd A/C Grimshaw Super Fund – ability to influence voting & sale
Date of change	26 February 2010
No. of securities held prior to change	Nil
Class	Ordinary
Number acquired	Direct – 11,700 Indirect-11,650
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	11,700 at $8.47 per share 11,650 at $8.46 per share
No. of securities held after change	11,700 Ordinary Shares – Stuart Ian Grimshaw 11,650 Essignee Pty Ltd A/C Grimshaw Super Fund
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

Part 2 – Change of director’s interests in contracts

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 19 for defined terms.

Appendix 3Y Page 2

30/9/2001