Results Highlights

		Quarter to			Nine Months to		June/June
		June	March	June	June	June	Change
	Profitability (before abnormal items)	1999	1999	1998	1999	1998	%
	Major contributions (before goodwill)
	Australian Financial Services	374	342	352	1,102	980	12.4
	Clydesdale	60	67	70	222	190	16.8
	Northern Bank	41	43	44	120	119	0.8
	Yorkshire Bank	81	102	91	261	262	(0.4)
	National Irish Bank	8	13	5	30	26	15.4
	Bank of New Zealand	75	70	62	216	202	6.9
	Michigan National Corporation	68	62	56	193	155	24.5
	HomeSide International, Inc.	37	39	37	112	53	large
	Asian Group	21	(9)	11	14	33	(57.6)
	Group operating profit	697	666	619	2,087	1,728	20.8
	Underlying profit	1,194	1,180	1,156	3,587	3,099	15.7
	Cash earnings(1)	748	715	669	2,238	1,859	20.4
	Net interest income	1,490	1,518	1,475	4,528	4,293	5.5
	Non interest income	1,155	1,088	1,060	3,410	2,805	21.6
	Non interest expenses	1,400	1,377	1,329	4,200	3,868	8.6
	Goodwill amortisation	51	49	50	151	131	15.3
	Charge for doubtful debts	143	162	202	433	470	(7.9)
	abnormal items - (pre tax)	-	-	(12)	-	(241)	-

	Balance Sheet	As at
		June	March	September	June	June/Sept
		1999	1999	1998	1998	Change %
	Shareholders' equity	18,183	16,053	15,764	14,672	15.3
	Total assets	250,630	254,975	251,714	247,042	(0.4)
	Risk weighted assets	193,689	197,333	199,476	194,057	(2.9)
	Gross loans and advances	166,257	166,364	164,062	158,572	1.3
	Total net loans, advances and acceptances	184,912	187,159	182,354	176,101	1.4
	Total deposits	157,938	164,702	158,084	153,761	(0.1)
	Non-accrual loans, net of specific provisions	1,042	1,022	1,067	829	(2.3)

⁽¹⁾ Earnings excluding goodwill amortisation and abnormal items

	Performance Measurements	Three Months to			Nine Months to
		June	March	June	June	June
		1999	1999	1998	1999	1998
	Earnings(1)
	Basic earnings per share - before abnormal items	46.3c	44.3c	43.2c	139.2c	120.9c
	- after abnormal items	46.3c	44.3c	42.6c	139.2c	109.8c
	Diluted earnings per share - before abnormal items	45.5c	43.3c	42.1c	136.7c	118.3c
	- after abnormal items	45.5c	43.3c	41.6c	136.7c	107.8c
	Return before abnormal items on average assets	1.1%	1.1%	1.0%	1.1%	1.0%
	Return before abnormal items on average shareholders's funds	17.6%	16.8%	17.4%	17.3%	16.7%
	Cash Earnings(2)
	Basic earnings per share - pre abnormal items	49.7c	47.8c	46.7c	149.5c	130.1c
	Return before abnormal items on average tangible assets	1.2%	1.1%	1.1%	1.2%	1.1%
	Return before abnormal items on average tangible shareholders' funds	23.6%	22.4%	24.0%	22.5%	22.5%
	Productivity Measures
	Underlying profit per full time equivalent employee (to nearest A$)	102,789	101,194	98,444	102,933	87,969
	Operating profit (before abnormals) per full time equivalent employee (to nearest A$)	60,003	57,108	52,713	59,889	49,052
	Non interest income per full time equivalent employee (to nearest A$)	99,432	93,304	90,268	97,854	79,624
	Operating costs per full time equivalent employee (to nearest A$)	120,523	118,088	113,176	120,523	109,798
	Net Interest Income
	Group net interest spread	2.48%	2.56%	2.49%	2.47%	2.62%
	Group net interest margin	2.97%	3.09%	3.15%	3.02%	3.18%
	Non Interest Income
	Non interest income to total net income	43.7%	41.7%	41.8%	43.0%	39.5%
	Non Interest expenses (excl goodwill & abnormal items)
	Cost/income ratio	52.9%	52.8%	52.4%	52.9%	54.5%
	Operating costs to total assets	2.2%	2.2%	2.2%	2.2%	2.1%
	Bad and Doubtful Debts
	Total Provision Charge to operating profit	20.5%	24.3%	33.1%	20.7%	30.0%
	Specific provision balance to total assets		0.2%		0.2%	0.3%
	Specific provision balance to risk weighted assets		0.2%		0.2%	0.4%
	Capital
	Tier 1 ratio		6.5%		7.6%	5.9%
	Tier 2 ratio		3.0%		3.0%	2.9%
	Deductions		(0.3%)		(0.3%)	(0.3%)
	Total capital ratio		9.2%		10.3%	8.5%
	Asset Quality
	Gross non-accrual loans to gross loans and acceptances		0.7%		0.8%	0.8%
	Net non-acrual loans to risk weighted assets		0.5%		0.5%	0.4%
	Shares
	Net tangible asset backing per ordinary share		$8.36		$8.49	$8.04
	Weighted average shares on issue (000)				1,467,881	1,428,767

⁽¹⁾ Based on earnings attributable to ordinary shareholders.
⁽²⁾ Cash basis calculations are based on earnings attributable to ordinary shareholders and exclude goodwill and related amortisation expense.