| Re: Bank Of Queensland Limited Non Guarenteed Notes |
| USD 10,000,000.00 |
| MATURING: 31-Oct-2022 |
| ISIN: XS1710459915 |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 30-Oct-2019 TO 30-Jan-2020 |
| HAS BEEN FIXED AT 2.84 PCT |
| DAY BASIS: ACTUAL/360 |
| INTEREST PAYABLE VALUE 30-Jan-2020 WILL AMOUNT TO: |
| USD 72,462.78 PER USD 10,000,000.00 DENOMINATION |