Commonwealth Bank Incoming CEO Ralph Norris To Commence In September

27 June 2005

The Commonwealth Bank today advised that, following the recent announcement by David Murray of his intention to retire, the new CEO Ralph Norris will take up his role with the Bank during September.

This follows today’s announcement by the Air New Zealand Board to the New Zealand Stock Exchange that Ralph Norris, currently Managing Director and CEO of Air New Zealand, will leave the airline on 31 August 2005.