Laws of the People's Republic of China

Letter of China Banking Regulatory Commission concerning Approving the Australia and New Zealand Banking Group Limited to Set up Guangzhou Representative Office

Australia and New Zealand Banking Group Limited,

The letter which was signed by John McFarlane, your chief executive officer, and was addressed to this Commission has been received.

According to the Measures for the Administration of Foreign-funded Financial Institutions' Representative Offices in China (Order No. 8 [2002] of the People's Bank of China) (hereinafter referred to as these Measures), a representative office in Guangzhou are hereby approved to set up, whose name in Chinese is "澳大利亚和新西兰银行集团有限公司广州代表处" and whose name in English is "Guangzhou Representative Office of Australia and New Zealand Banking Group Limited".

According to the related provisions of these Measures, upon approval, Christopher Bryan Lefebvre is granted to take the position of the chief representative of this Representative Office.

China Banking Regulatory Commission

February 14, 2006