Merrill Lynch Int. Warrant Report

Document date:  Thu 18 May 2000
Published:  Thu 18 May 2000 13:29:08
Document No:  208860
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. C.V, takes this opportunity to
notify Holders of the following PIE Warrants, issued pursuant to the
terms of the Offering Circular dated 16th July 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 FEE  PER WARRANT
                PER     ANZ SHARE    RECEIVED   PER
             WARRANT                    PER   WARRANT
                                      WARRANT 

ANZXXV         10         $0.29        $2.90    $1.22         $4.12
ANZXXW         10         $0.29        $2.90    $1.24         $4.14

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 C.V 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. C.V.)