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Change in substantial holding for SAX

Document date:  Tue 23 May 2000
Published:  Tue 23 May 2000 15:36:10
Document No:  209120
Document part:  A
Market Flag:  N
Classification:  Change in substantial holding

STADIUM AUSTRALIA GROUP                       2000-05-23  ASX-SIGNAL-G

HOMEX - Sydney                                                        

+++++++++++++++++++++++++
Australia and New Zealand Banking Group Limited changed its relevant
interest in Stadium Australia Management Limited and Stadium
Australia Trust on 13/03/2000 as follows:

CLASS OF SECURITIES    PREVIOUS NOTICE          PRESENT NOTICE
                       Person's      Voting     Person's      Voting
                       vote          power      votes         power

Ordinary Shares        20,216,000    58.77%     N/A           N/A
(Gold Package)                       

Ordinary Shares             8,000     0.01%     N/A           N/A
(Platinum Package)

Stapled Securities            N/A       N/A     8,128,00      8.23%