qantas to raise us$400 million

Media Release
Qantas Airways Limited ABN 16 009 661 901
Further information and media releases can be found at the Qantas internet website: www.qantas.com.au
3410
SYDNEY, 29 March 2006: Qantas Airways Limited announced today that it would raise
US$400 million of unsecured debt.
The Chief Financial Officer of Qantas, Mr Peter Gregg, said the funds were being raised
through a Rule 144A/Regulation S offering of 6.05% 10-year notes due 2016.
The offering was priced at 133 basis points over the 10 year US benchmark treasury bond.
The net proceeds from the offering will be used for general corporate purposes, which may
include the acquisition of aircraft and aircraft related assets.
“This is the fourth time that Qantas has accessed the US debt markets since 1993,” Mr
Gregg said.
“The notes were rated Baa1 by Moody’s Investor Services and BBB+ by Standard &
Poor’s, and were well received by investors. We are pleased with our ability to continue to
diversify our funding sources and extend our debt maturity profile.”
NOT FOR RELEASE IN THE UNITED STATES This media release has been prepared
for publication in Australia and may not be released in the United States. No securities
described in this media release have been or will be registered under the United States
Securities Act of 1933, as amended (the “Act”), or any US state securities laws and may
not be offered or sold in the United States absent registration or an applicable exemption
from the registration requirements of the Act and applicable US state securities laws. This
media release does not constitute an offer of securities for sale in Australia, the United
States or any other jurisdiction.
QANTAS TO RAISE US$400 MILLION
Issued by Qantas Corporate Communication (Q3410)
Media Enquiries: Simon Rushton - Telephone 02 9691 3762