. ANZ announced a $1.5 billion on-market share buy-back on 18 December 2017 following completion of the sale of its 20% stake in Shanghai Rural Commercial Bank. The buy-back commenced on 15 January 2018, with ~$1,132 million completed by 31 March 2018 and a further ~$308 million completed in May and June 2018.
 A breakdown of other CET1 movements is set out on p.38 of ANZ’s 2018 Half Year Consolidated Financial Report & Dividend Announcement.
 Includes expected remaining ~55bp CET1 benefit from Wealth Australia divestments, ~15bp CET1 benefit from the sale of OnePath Life NZ, ~5bp CET1 benefit from the sale of the remaining 20% stake in Metrobank Card Corporation and ~2bp benefit from the sale of the 55% shareholding in ANZ Royal Bank in Cambodia, subject to regulatory approvals.