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DSW`s ann: Major Elimination of Debt & Sale of Assets

Document date:  Thu 25 Nov 1999
Published:  Thu 25 Nov 1999 13:33:25
Document No:  155501
Document part:  B
Market Flag:  N
Classification: 

HOMEX - Adelaide                                                      

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NOTICE OF DIRECTOR'S INTERESTS
Section 235 of the Corporations Law


   NOTICE ON CHANGE OF INTERESTS

   Name of Director          Marcus Diamond

   Name of Company           Adelaide Bank Limited 

   The date of last 
   notification to the ASX
   under Section 235 
   or Part 6.7               December 1995

   Date my interest changed  05/03/1998


The director has a relevant interest in the following shares in the 
company or related bodies corporate:

 50,000 ordinary $1.00 shares in Adelaide Bank Ltd held by me
 personally

The director has a relevant interest in the following debentures of,
or prescribed interests made available by, the company or related
bodies corporate:

 -

The director has an interest in the following rights or options over 
shares in, debentures of, or prescribed interests made available by,
the company or related bodies corporate:

 -

Contracts of which the director is a party, or is entitled to a 
benefit under, being contracts that confer on the director the right 
to call for or deliver shares in, debentures of, or prescribed 
interests made available by, the company or related bodies corporate:

 -


DATE: 26/03/1998



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