Company Announcements

NOTICE OF REDEMPTION

relating to

COMMONWEALTH BANK OF AUSTRALIA

(the Issuer)

USD 25,000,000 Callable Zero Coupon Notes due 29 August 2048

under the U.S.$70,000,000,000

Euro Medium Term Note Programme

(ISIN XS1868750792)

(the Notes)

COMMONWEALTH BANK OF AUSTRALIA (the Issuer) hereby irrevocably gives notice to the holders of the above Notes that it is exercising its option under Condition 6(c) of the Notes to redeem all of the Notes on the Optional Redemption Date falling on 29 August 2019 at the Optional Redemption Amount of USD 1,048,200.00 (as specified in the Final Terms relating to the Notes dated 27 August 2018 (the Final Terms)).

Furthermore, the Issuer hereby provides notice that it intends to cancel the listing of the Notes, which are listed on the Official List of the UK Listing Authority and admitted to trading on the Regulated Market of the London Stock Exchange.

Accordingly, the Issuer will request the Financial Conduct Authority to cancel the listing of the Notes on or around 23 September 2019.

Capitalised terms used but not otherwise defined hitherto shall have the meanings ascribed to them in the Final Terms.

For further information, please contact:

Monika Szapirko

60 Ludgate Hill

London

EC4M 7AW

Telephone:        +44 20 7710 3937

Email:               groupfunding@cba.com.au

Dated 14 August 2019