MBL`s Endowment Warrant Report-Outstanding Amounts as @ 31/5

Document date:  Thu 08 Jun 2000
Published:  Thu 08 Jun 2000 10:26:43
Document No:  210185
Document part:  A
Market Flag:  N
Classification:  

MACQUARIE BANK LIMITED                        2000-06-08  ASX-SIGNAL-G

HOMEX - Sydney                                                        

+++++++++++++++++++++++++
Pursuant to an Offering Circular dated 10 October 1998, Macquarie
Bank Limited has issued Endowment Warrants over the following
portfolio of ordinary shares:

STOCK                                             NUMBER IN PORTFOLIO

AMP Limited ("AMP")                                           5
Australia & New Zealand Banking Group Ltd ("ANZ")            12
AXA Asia Pacific Holdings Limited ("AXA")                    32
The Broken Hill Proprietary Company Limited ("BHP")           8
Brambles Industries Limited ("BIL")                           3
Commonwealth Bank Of Australia ("CBA")                        5
Coca-Cola Amatil Limited ("CCL")                             23
Coles Myer Limited ("CML")                                   14
Colonial Limited ("CGH")                                     21
Fosters Brewing Group Limited ("FBG")                        28
Lend Lease Limited ("LLC")                                    6
National Australia Bank Limited ("NAB")                       5
The News Corporation Limited ("NCP")                          9
Rio Tinto Limited ("RIO")                                     5
St George Bank Limited ("SGB")                                9
Telstra Corporation Limited("TLS")                           16
Westpac Banking Group Limited ("WBC")                        11
WMC Limited ("WMC")                                          19
Woolworths Limited ("WOW")                                   17
Woodside Petroleum Limited ("WPL")                           11

As Warrant-Issuer, Macquarie Bank Limited provides the following
information in relation to the period ending 31 May 2000. 

For the period from 1 May 2000 to 31 May 2000, the following
Reduction Amounts were paid in respect of the shares in the Portfolio.

ASX SHARE   DIVIDEND PER   PAYMENT DATE    NUMBER IN     REDUCTION
CODE        SHARE                          PORTFOLIO     AMOUNT

CML          $0.135         8 May 2000         14          $1.89
Total                                                      $1.8900

As at 31 May 2000, the Outstanding Amount of each Portfolio Endowment
Warrant (and for the Specified Number of 1,000) was as follows:

NUMBER OF     WARRANT       REDUCTION     REDUCTION     OUTSTANDING
WARRANTS      CODE          DATE          AMOUNT        AMOUNT

1,000         PEWEMG       31 May 2000     $1.8900      $1,212.60
    1         PEWEMG       31 May 2000    $0.00189       $1.21260

In accordance with Page 52 of the Offering Circular dated 10 October
1998, the Base Rate that will apply to all series of Endowment
Warrants issued by Macquarie Bank Limited, pursuant to that Offering
Circular, from 3 April 2000 until and including 3 July 2000 is
6.0633% per annum.

If you require further information on this matter, please call me on
8232 4042.

R Dixon
MANAGER
EQUITY MARKETS