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Payment of Interest on US$258.75m 9.125% Capital Securities

Document date:  Fri 25 Aug 2000
Published:  Fri 25 Aug 2000 17:02:56
Document No:  166113
Document part:  A
Market Flag:  N
Classification:  Issued Capital - Other

AUSTRALIA & NEW ZEALAND BANKING GROUP LI      2000-08-25  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited will on 2 October
2000 make a payment totalling $5,902,734.38 on its 9.125% Capital
Securities to Holders of Record as at 15 September 2000. This payment
equates to approximately $0.57031 (rounded to 5 decimal places) per
$25.00 security.


P J Mathews 
ASSISTANT COMPANY SECRETARY