MARKET ANNOUNCEMENT

6 January 2012

ASX Group Monthly Activity Report - December 2011

The value of ASX-listed stocks, as measured by the All Ordinaries Index, fell 1.8% in December 2011. While this follows declines in other major markets, including Germany down 3.1% and Singapore down 2.1%, most other markets rose including Hong Kong up 2.5%, the UK up 1.2%, the US up 0.9% and Japan up 0.2%.

Australian Equity Market Volatility

Measures of volatility in the Australian
equity market

Monthly average

60

3.0%

remained above long-term averages during December:

2.5%

50

2.0%