MBL`s Endowment Warrant Report

Document date:  Mon 06 Mar 2000
Published:  Mon 06 Mar 2000 16:42:16
Document No:  203268
Document part:  A
Market Flag:  N
Classification:  

MACQUARIE BANK LIMITED                        2000-03-06  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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ENDOWMENT WARRANTS - OUTSTANDING AMOUNTS AS AT 29 FEBRUARY 2000

Pursuant to an Offering Circular dated 10 October 1997, Macquarie
Bank Limited has issued Endowment Warrants over the following
portfolio of ordinary shares:

STOCK                                             NUMBER IN PORTFOLIO 
Amcor Limited ("AMC")                                     12 
Australia & New Zealand Banking Group Ltd ("ANZ")         10 
The Broken Hill Proprietary Company Limited ("BHP")        5 
Brambles Industries Limited ("BIL")                        3 
Boral Limited ("BOR")                                     25 
Commonwealth Bank Of Australia ("CBA")                     6 
Coca-Cola Amatil Limited ("CCL")                           6 
Coles Myer Limited ("CML")                                15 
CSR Limited ("CSR")                                       20 
Fosters Brewing Group Limited ("FBG")                     38 
Lend Lease Limited ("LLC")                                 6 
National Australia Bank Limited ("NAB")                    5 
The News Corporation Limited ("NCP")                      16 
Publishing and Broadcasting Limited ("PBL")               12 
Pioneer International Limited ("PNI")                     20 
Rio Tinto Limited ("RIO")                                  4 
Westpac Banking Group Limited ("WBC")                     12 
WMC Limited ("WMC")                                       13 
Woolworths Limited ("WOW")                                24 
Woodside Petroleum Limited ("WPL")                         9

As Warrant-Issuer, Macquarie Bank Limited provides the following
information in relation to the period ending 29 February 2000.

For the period from 1 February 2000 to 29 February 2000, the
following Reduction Amounts were paid in respect of the shares in the
Portfolio

ASX SHARE    DIVIDEND PER    PAYMENT DATE    NUMBER IN    REDUCTION 
  CODE          SHARE                        PORTFOLIO     AMOUNT

BOR             $0.750        9 Feb 2000        25         $1.880 
WMC             $0.100       29 Feb 2000        13         $1.300
Total                                                      $3.175

As at 29 February 2000, the Outstanding Amount of each Portfolio
Endowment Warrant (and for the Specified Number of 1,000) was as
follows:

NUMBER OF     WARRANT     REDUCTION     REDUCTION     OUTSTANDING 
WARRANTS       CODE         DATE         AMOUNT         AMOUNT

1,000         PEWEMF     29 Feb 2000     $3.175       $1,375.70 
    1         PEWEMF     29 Feb 2000     $0.003175        $1.37570

In accordance with Page 54 of the Offering Circular dated 10 October
1997, the Base Rate that will apply to all series of Endowment
Warrants issued by Macquarie Bank Limited, pursuant to that Offering
Circular, from 4 January 2000 until and including 3 April 2000 is
5.6217% per annum.

If you require further information on this matter, please call me on
8232 4042.


Richard Dixon 
MANAGER 
EQUITY MARKETS