Media Centre

23 April 2010

ME Bank will terminate its sponsorship of Melbourne Storm.

ME Bank Chief Executive Jamie McPhee said today ME Bank has decided to terminate its sponsorship agreement with the Melbourne Storm Rugby League Club.

The Bank is extremely disappointed by the events, which have come to light in the last 24 hours, relating to the Salary Cap breaches at Melbourne Storm.

"As an organisation ME Bank believes in the principles of strong governance, transparency, integrity, and fairness and we seek to ensure that all of our corporate and community partnerships uphold these same values," Mr McPhee said.

ME Bank will work with Melbourne Storm to manage the conclusion of the sponsorship.

ME Bank is very saddened by the events and the effect these have on the many supporters, members and affiliates of the Melbourne Storm family.

ME Bank has sponsored Melbourne Storm since December 2008.

Jamie McPhee

Chief Executive Officer

ME Bank

03 9605 6279

Tony Beck

Head of Corporate Affairs

ME Bank

0423603322