Further information on ANZ’s DRP Neutralisation

Australia and New Zealand Banking Group Limited ABN 11 005 357 522
News Release
For release: 16 November 2018

Further information on ANZ’s DRP Neutralisation

Further to ANZ’s announcement on 31 October 2018 that it intends to neutralise the impact
of shares provided under the Dividend Reinvestment Plan (DRP) in relation to the 2018 Final
Dividend, we further advise that:

 Merrill Lynch Equities (Australia) Limited has been appointed to execute the on-
market share purchase itself or through its related bodies corporate.

 Shares up to a value of approximately $199 million are expected to be purchased on-
market to satisfy our obligations under the DRP.

 The DRP pricing period begins today and finishes on 29 November 2018 (inclusive).
The on-market purchase of shares is expected to occur during the DRP pricing
period.
DRP participants do not need to take any action in respect of this in order to receive shares
under the DRP.

ANZ does not intend to purchase shares in relation to the current $3 billion buyback during
this period.

For media enquiries contact: For shareholder enquiries contact:

Stephen Ries Computershare
Tel: +61 409 655 551 1800 11 33 99
+613 9415 4010 (international callers)