Results Highlights

	Three months to			%	%
	December 1996 A$M	September 1996 A$M	December 1995 A$M	Change Sept 96 to Dec 96	Change Dec 95 to Dec 96

Profitability

Group operating profit after tax	582	599	513	(2.8)	13.5
Underlying profit	960	842	840	14.0	14.3
Net interest income	1,316	1,285	1,251	2.4	5.2
Non interest income	813	768	682	5.9	19.2
Non interest expenses	1,169	1,211	1,093	(3.5)	7.0
Charge for doubtful debts	39	69	58	(43.5)	(32.8)
Goodwill amortisation	35	36	31	(2.8)	12.9

Performance Measurements

Cost/income ratio (excluding goodwill)	53.3%	57.2%	54.9%
Basic earnings per share (1)	39.4c	40.6c	35.9c
Capital risk asset ratio (Tier 1: 7.6%, Tier 2: 1.8%, deductions: 0.2%)	9.2%	9.3%	9.7%
Net tangible asset backing per share	$7.54	$6.97	$6.71

	As at			%	%
	December 1996 A$M	September 1996 A$M	December 1995 A$M	Change Sept 96 to Dec 96	Change Dec 95 to Dec 96
Shareholders' equity (spot)	13,317	12,519	11,925	6.4	11.7
Total assets	184,016	173,710	164,856	5.9	11.6
Risk weighted assets	140,633	133,313	125,027	5.5	12.5
Total loans, advances and acceptances	135,139	128,751	121,530	5.0	11.2
Total deposits	119,371	110,921	107,367	7.6	11.2

(1) The difference between basic earnings per share and diluted earnings per share is immaterial.