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Completes Grindlays sale

Document date:  Tue 01 Aug 2000
Published:  Tue 01 Aug 2000 08:40:55
Document No:  165184
Document part:  A
Market Flag:  N
Classification:  Asset Disposal

AUSTRALIA & NEW ZEALAND BANKING GROUP LI      2000-08-01  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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ANZ today confirmed that, following approval by regulatory
authorities, the sale of its Grindlays Bank businesses to Standard
Chartered had been completed overnight.

For media enquiries, contact:

Paul Edwards
HEAD OF GROUP MEDIA RELATIONS
Telephone: 03-9273 6955 or 0409 655 550
Email: edwardp12@anz.com