Qantas Statement on Foreign Shareholding Level

Sydney, 09 August 2007

The foreign shareholding level in Qantas is 41.75 per cent, according to the most recent reconciliation of the company's share register.

The Chief Executive Officer of Qantas Airways Limited, Mr Geoff Dixon, said today the reconciliation was undertaken by Qantas' share registry, Link Market Services.

Mr Dixon said the previous reconciliation carried out by Link Market Services and released on 5 July 2007 showed foreign ownership at 44.5 per cent.

"Foreign ownership continues to trend down, in line with market intelligence available to Qantas in real time, and we are confident that our share register remains in compliance with the Qantas Sale Act", Mr Dixon said.

Issued by Qantas Corporate Communication (3636)