Our Focus - 2007 Investor Snapshot

ANZ's Personal Division continues to be among the best performing retail banks in Australia with earnings up 16%. Our Institutional Division was up 6%, assisted by a recovery on a long standing bad debt. New Zealand Businesses, which does not include the Institutional business in New Zealand, had strong growth in profits before provisions, however a return to a more normal provision charge impacted profit growth. In our Partnerships and Private Bank business, we saw particularly strong earnings growth.