Share Change For Insurance Australia Group Ltd In The S&P/ASX All Australian 50 Index

Date 12/10/2007

Standard & Poor’s will make the following changes in the S&P/ASX All Australian 50 Index effective after the close of trading on Wednesday, Oct. 17, 2007:

Insurance Australia Group Ltd (Australia, SEDOL: 6271026, GICS Code: 40301040), a member of the S&P/ASX All Australian 50 Index, will increase its shares to 1,842,477,113. This change is the result of a distribution-reinvestment plan.

The following is a summary of the announced change:

S&P/ASX All Australian 50 Index – Oct. 17, 2007 After Market Close
S&P Index	Company Name	New Total	New IWF
S&P/ASX All Australian 50	Insurance Australia Group Ltd	1,842,477,113	1.0 (No change)