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Merrill Lynch advice re Instalment Warrants

Document date:  Thu 18 May 2000
Published:  Thu 18 May 2000 13:35:20
Document No:  208865
Document part:  A
Market Flag:  N
Classification:  Structured Products Issuer Report


HOMEX - Sydney                                                        

Merrill Lynch International & Co CV as issuer of Australia and New
Zealand Banking Group Limited Instalment Warrants (ASX code ANZIXI),
confirms that the record date for entitlements to the $0.29
distribution for the ANZ Instalments is 26th May 2000, coinciding
with the record date for the ANZ ordinary share dividend.

The ANZ Instalment Warrants will commence trading ex-distribution on
Monday 22nd May 2000. The Company will pay the dividend for the ANZ
ordinary share on the 3rd May 2000.

The Trustee will cause the dividends to be distributed to holders of
ANZ Instalments as soon as reasonably practicable following receipt.

For further inquiries please contact;

Amanda Bennett  (02) 9226 5150 
Chris McDermott (02) 9226 5250

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