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Change in substantial holding

Document date:  Wed 07 Jun 2000
Published:  Wed 07 Jun 2000 13:16:52
Document No:  162944
Document part:  A
Market Flag:  N
Classification:  Change in substantial holding

AUSTRALIA & NEW ZEALAND BANKING GROUP LI      2000-06-07  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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The Capital Group Companies Inc increased its relevant interest in
Australia & New Zealand Banking Group Limited on 02/06/2000, from
77,757,584 ordinary shares (5.05%) to 94,298,219 ordinary shares
(6.20%).