Independence declaration For the year ended 30 June 2012 Lead Auditor’s Independence Declaration under Section 307C of the Corporations Act  2001 To: the directors of IOOF Holdings Ltd I declare that, to the best of my knowledge and belief, in relation to the audit for the financial year ended 30 June 2012 there have  been: (i) no contraventions of the auditor independence requirements as set out in the Corporations Act 2001 in relation to the audit; and (ii) no contraventions of any applicable code of professional conduct in relation to the audit. KPMG KPMG, an Australian partnership and a member firm of the  KPMG network of independent member fims affiliated with  KPMG International Cooperative (“KPMG International”),  a Swiss entity. Liability limited by a scheme approved under Professional Standards Legislation. page 52 Michelle Hinchliffe  Partner Melbourne  23 August 2012