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Credit Suisse advice re Endowment Warrants

Document date:  Fri 07 Jul 2000
Published:  Fri 07 Jul 2000 14:09:43
Document No:  212383
Document part:  A
Market Flag:  N
Classification: 

CREDIT SUISSE FINANCIAL PRODUCTS              2000-07-07  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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OFFERING CIRCULAR (THE "OFFERING CIRCULAR") DATED 16 DECEMBER 1996
ISSUED BY CREDIT SUISSE FINANCIAL PRODUCTS (ARBN 062 787 106) (THE
"ISSUER") TO CHALLENGER INTERNATIONAL NOMINEES LIMITED (ACN 003 942
765) IN RESPECT OF A PROGRAMME OF SEPARATE SERIES OF ENDOWMENT 
WARRANTS
                                
I write on behalf of the Issuer, in accordance with Clause 4.3 of the
Offering Circular. Capitalised terms used and not otherwise defined
herein have the meaning specified in the Offering Circular. 

Pursuant to Clause 4.2 of the Offering Circular, the Outstanding
Amount in relation to each Series of Warrants as at 30 June 2000 was
as follows:

ABA/SGB                   $2.728     LNN            $ 2.331 
ANZ                       $4.098     MBL            $ 4.156 
BOR                       $2.739     NAB            $ 8.868 
BIL                       $7.901     NCM            $ 3.966 
BRY                       $0.861     PNI            $ 2.138 
CML                       $2.885     STO            $ 3.122 
CBA                       $7.502     SGW            $ 5.307
CSR                       $3.839     TEL            $ 4.341 
FBG                       $1.531     WOW            $ 1.530 

Please do not hesitate to contact me by telephone on 8205 4526 or by
facsimile on 8205 4388 if you have any questions.

N Brightwell
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