SUNCORP GROUP LIMITED — Major Shareholding Notification 2015

Oct 1, 2015

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The Capital Group Companies, Inc. 333 South Hope Street Los Angeles, California 90071-1406

thecapitalgroup.com

1 October 2015

BY FAX - ORIGINAL IN POST

(61 07 3135 2940)

Suncorp Group Ltd. Level 28, 266 George Street Brisbane, QLD, Australia 4000

Re: Notice of Person Ceasing to be a Substantial Shareholder under Section 671B

Company Secretary:

Enclosed is a Notice under Section 671B of Person Ceasing to be a Substantial Shareholder dated 30 September 2015.

The Capital Group Companies, Inc. (“CGC”) is the parent company of Capital Research and Management Company (“CRMC”). CRMC is a U.S.-based investment management company that manages the American Funds family of mutual funds. CRMC manages equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC in turn is the parent company of Capital Group International, Inc. (“CGII”), which in turn is the parent company of five investment management companies (“CGII management companies”): Capital Guardian Trust Company, Capital International, Inc., Capital International Limited, Capital International Sàrl and Capital International K.K. The CGII management companies primarily serve as investment managers to institutional clients.

Neither CGC nor any of its affiliates own shares of Suncorp Group Ltd. for its own account. Rather, the shares reported on Form 605 are owned by accounts under the discretionary investment management of one or more of the investment management companies that make up CGC.

Please note that CGC or one of its affiliates has made notifications to your company pursuant to Section 671B in the past.

For the purpose of this Notice, an outstanding share balance of 1,286,600,980 shares was used to calculate the percentage of holdings. We believe this outstanding share balance is correct; however, if this number is not accurate, please contact us as soon as possible so we may make the necessary revisions.

Should you have questions or require additional information, please contact us at (213) 615-0469, or send a fax message to (213) 615-4056. Alternatively, you may contact us via e-mail at GRGroup@capgroup.com.

Regards,

Christopher Aquino Compliance Specialist

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder To Company Name/Scheme Suncorp Group Ltd. ACN/ARSN 66 145 290 124 1. Details of substantial holder(1) Name The Capital Group Companies, Inc. CAN/ARSN (if applicable N/A The holder ceased to be a substantial holder on 30 September 2015 The previous notice was given to the company on 11 December 2014 The previous notice was dated 10 December 2014

The shares reported were owned by accounts under the discretionary investment management of 1 investment management company (Capital Research and Management Company) which is a direct or indirect subsidiary of The Capital Group Companies, Inc., 333 South Hope Street, 55th Floor, Los Angeles, California 90071.

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
11 December 2014 - 30 September 2015	The Capital Group Companies, Inc.	Decreased holdings	Average price of 12.790 AUD per share	2,622,125 Ordinary Shares	2,622,125

See Annexure A dated 10 December 2014

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
The Capital Group Companies, Inc.	333 South Hope Street, 55thFloor LosAngeles, CA90071

The shares being reported are owned by accounts under the discretionary investment management of 1 investment management company (Capital Research and Management Company) which is a direct or indirect subsidiary of The Capital Group Companies, Inc., 333 South Hope Street, 55th Floor, Los Angeles, California 90071.

See Annexure A dated 30 September 2015 (copy attached)

Signature

Print name: Walter R. Burkley

Capacity: Senior Counsel

sign here

Date:

01 October 2015

Annexure “A”

This is the Annexure of 2 pages marked Annexure “A” referred to in Form 605 (cease) signed by this corporation on 1 October 2015.

The Capital Group Companies, Inc.

By: ________ Walter R. Burkley Senior Counsel

Australia Annexure A

Suncorp Group Ltd.

As of 30 September 2015

CG Investment Management Company Capital Research and Management Company	Account Number Number of Shares 11000006 48,901,792 11000034 11,177,620 11000057 45,564 11000073 1,574,052 11000817 9,000 11000834 105,000 61,813,028	% Held
		3.80% 0.87% 0.00% 0.12% 0.00% 0.01%

61,813,028 4.80%

GRAND TOTAL

Australia Annexure A Nominee List

Suncorp Group Ltd.

As of 30 September 2015

Nominee Name
JPMorgan Chase Bank
11000006		48,901,792
11000034		11,177,620
11000834		105,000
	Total Shares:	60,184,412
State Street Bank North Quincy
11000057		45,564
11000073		1,574,052
11000817		9,000
	Total Shares:	1,628,616