Share Change For St.George Bank Ltd. In The S&P/ASX All Australian 50 Index

Date 23/11/2007

Standard & Poor’s will make the following changes to the S&P/ASX All Australian 50 Index effective after the close of trading on Wednesday, Nov. 28, 2007:

St.George Bank Ltd. (Australia, SEDOL: 6768421, GICS Code: 40101010), a member of the S&P/ASX All Australian 50 Index, will increase its shares to 552,673,352. This change is the result of an institutional placement that replaces its distribution-reinvestment plan.

The following is a summary of the announced change:

S&P/ASX All Australian 50 Index – Nov. 30, 2007 After Market Close
S&P Index	Company Name	New Total	New IWF
S&P/ASX All Australian 50	St.George Bank Ltd	552,673,352	1 (No change)