| Re: Bank Of Queensland Limited Non Guarenteed Notes |
| USD 25,000,000.00 |
| MATURING: 21-Jul-2021 |
| ISIN: XS1453490366 |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 21-Oct-2019 TO 21-Jan-2020 |
| HAS BEEN FIXED AT 3.14 PCT |
| DAY BASIS: ACTUAL/360 |
| INTEREST PAYABLE VALUE 21-Jan-2020 WILL AMOUNT TO: |
| USD 200,347.89 PER USD 25,000,000.00 DENOMINATION |