Commonwealth Bank Australia



                         Commonwealth Bank of Australia

                Issue of MXN 1,000,000,000 Step-Up Fixed Rate Nts

                     due December 2015 Series 2307 Tranche 1

                                       MTN


                                  XS0263481458


 Please be advised that the issuer has repurchased MXN 300,000,000 of the above
                          issue with value 22.08.2006.

                     The new outstanding is MXN 700,000,000.
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