MER`s Warrant Report

Document date:  Thu 18 May 2000
Published:  Thu 18 May 2000 13:23:38
Document No:  208859
Document part:  A
Market Flag:  N
Classification:  Structured Products Issuer Report 

MERRILL LYNCH INTERNATIONAL & CO. C.V.        2000-05-18  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Merrill Lynch International & Co CV, takes this opportunity to notify
Holders of the following PIE Warrants, issued pursuant to the terms
of the Offering Circular dated 27th January 1999 over Shares in
Australia and New Zealand Banking Group Limited ("the Company") of
the following;

ASX WARRANT  NUMBER OF   DIVIDEND    ANZ       PREMIUM   TOTAL INCOME
CODE         ANZ SHARES RECEIVED PER DIVIDEND  INCOME    PER WARRANT
                PER     ANZ SHARE    RECEIVED  FEE PER  
             WARRANT                 WARRANT   WARRANT

ANZXXX         476        $0.29      $138.04   $73.26       $211.30
ANZXXY         426        $0.29      $123.54   $54.36       $177.90
ANZXXZ         424        $0.29      $122.96   $55.66       $178.62

The Company has further advised that the Shares will commence trading
ex-dividend on Monday 22nd May, 2000 and the Record Time is Friday,
26th May, 2000. Merrill Lynch International & Co CV shall procure the
payment of dividends and Premium Income Fees to Warrant Holders on
Monday 10th July 2000.


Merrill Lynch Equities (Australia) Limited (For and on behalf of
Merrill Lynch International & Co CV)