Directors' Declaration
In accordance with a resolution of the Directors of the Commonwealth Bank of Australia, the Directors declare that:(a) the Financial Statements and notes thereto comply with Accounting Standards and in their opinion are in accordance with the Corporations Act 2001;
(b) the Financial Statements and notes thereto give a true and fair view of the Bank’s and the Group’s financial position as at 30 June 2005 and of their performance for the year ended on that date;
(c) in the opinion of the Directors, there are reasonable grounds to believe that the Bank will be able to pay its debts as and when they become due and payable; and
(d) the Directors have been given the declarations required under section 295A of the Corporations Act 2001 for the financial year ended 30 June 2005.
Signed in accordance with a resolution of the Directors.
J M Schubert
Chairman
D V Murray
Managing Director and
Chief Executive Officer
10 August 2005