SUNCORP GROUP LIMITED — Share Issue/Capital Change 2008

Sep 24, 2008

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Suncorp-Metway Limited ABN 66 010 831 722

Corporate Secretary’s Office Suncorp Centre 36 Wickham Terrace BRISBANE QLD 4000

GPO Box 1453, Brisbane QLD 4001

25 September 2008

Company Announcements Office Australian Stock Exchange Level 4, Exchange Centre 20 Bridge Street Sydney NSW 2000

Notice under section 708A(5)(e) of the Corporations Act

On 25 September 2008 Suncorp-Metway Limited (the Company) issued 36,657,004 fully paid ordinary shares (Shares) in connection with the underwriting of the dividend reinvestment plan, as announced on 19 September 2008.

The Company relies on case 1 in section 708A(5) of the Corporations Act 2001 (Act) in respect of the issue of the Shares.

The Company gives notice under paragraph (5)(e) of section 708A of the Act that:

• 1 The Company issued the Shares without disclosure to the investor under Part 6D.2 of the Act;

• 2 As at the date of this notice the Company has complied with:

• (a) the provisions of Chapter 2M of the Act (as applicable to the Company); and

• (b) section 674 of the Act; and

• 3 As at the date of this notice there is no excluded information (as defined in section 708A (7) of the Act) which is required to be disclosed by the Company.

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C R Chuter Corporate Secretary