RaboPlus lifts interest rates on all term deposits

RABOPLUS
MEDIA RELEASE
Friday March 30, 2007

RaboPlus lifts interest rates on all term deposits

Wellington – Online banking service, RaboPlus, has raised the interest rates on all of its term deposits with effect from today.

RaboPlus has a strong record as a market leader in offering the highest rates available on its on-call, no fees account and term deposits.

“Our rates are constantly under review. This increase reflects our commitment to always offer our customers the best interest rates available,” General Manager Mike Heath said.

The new rates are as follows:

Term Deposit length New rate from March 30 Previous rate

30-day 7.60% 7.55%

90- day 7/70% 7.65%

180-day 7.80% 7.75%

1-year 8.05% 8.00%

2-year 7.75% 7.50%
3-year 7.70%
7.30%
4-year 7.70%
7.20%
5-year 7.65%
7.10%

Rabobank Australia & New Zealand is a part of the international Rabobank Group, the world’s leading specialist in food and agribusiness banking. Rabobank has more than 100 years’ experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness. Rabobank has a AAA credit rating and is rated one of the world’s safest bank by Global Finance magazine. Rabobank operates in 43 countries, servicing the needs of more than nine million clients worldwide through a network of more than 1500 offices and branches. Rabobank Australia & New Zealand is one of Australasia’s leading rural lenders and a significant provider of business and corporate banking and financial services to the region’s food and agribusiness sector. The bank has 75 branches throughout Australasia.

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