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Preliminary Final Report

Document date:  Thu 26 Oct 2000
Published:  Thu 26 Oct 2000 10:02:36
Document No:  168995
Document part:  T
Market Flag:  Y
Classification:  Preliminary Final Report , Dividend Record Date , Dividend Pay Date , Dividend Rate

AUSTRALIA & NEW ZEALAND BANKING GROUP LI      2000-10-26  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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DETAILS OF SPECIFIC RECEIPTS/OUTLAYS, REVENUES/EXPENSES
(Equity Accounted)

                                               
                                               FULL YEAR  FULL YEAR 
                                               SEP-00      SEP-99
                                                          
                                                AUDM      AUDM

12.1 Interest revenue included
     in determining item 1.4                    10,241        8,684
                                               
12.2 Interest revenue included
     in item 12.1 but not yet
     received (if material)                      1,361          958
                                               
12.3 Interest expense included
     in item 1.4 (include all
     forms of interest, lease
     finance charges, etc.)                      6,440        5,029
                                               
12.4 Interest costs excluded from
     item 12.3 and capitalised in 
     asset values (if material)                      -            -
                                               
12.5 Outlays (except those arising
     from the acquisition of an
     existing business) capitalised 
     in intangibles (if material)                    -            -
                                               
12.6 Depreciation and amortisation (excluding
     amortisation of intangibles)                  174          185


CONTROL GAINED OVER ENTITIES HAVING MATERIAL EFFECT
Not applicable
    
LOSS OF CONTROL OF ENTITIES HAVING MATERIAL EFFECT
(See note 8)

14.1 Name of entity (or group of entities)    ANZ Grindlays Bank Ltd
                                   ANZ Grindlays (Jersey) Holdings Ltd
                               Private Banking Business in UK & Jersey
                                        
14.2 Consolidated operating profit (loss) 
     and extraordinary items after tax of 
     the entity (or group of entities) for
     the current period to the date of loss 
     of control                                            $    109

14.3 Date to which the profit (loss) in
     item 14.2 has been calculated                       31/07/2000   
   
14.4 Consolidated operating profit (loss) 
     and extraordinary items after tax of 
     the entity (or group of entities) while 
     controlled during the whole of the 
     previous corresponding period                         $    115
   
14.5 Contribution to consolidated    
     operating profit (loss) and 
     extraordinary items from sale of
     interest leading to loss of control     $  1,225 million gross 
                                                  404 million net 


REPORTS FOR INDUSTRY AND GEOGRAPHICAL SEGMENTS
Information on the industry and geographical segments of the entity
must be reported for the current period in accordance with AASB 1005:
Financial Reporting by Segments. Because of the different structures
employed by entities, a pro forma is not provided. Segment information
should be completed separately and attached to this statement. 
However, the following is the presentation adopted in the Appendices 
to AASB 1005 and indicates which amounts should agree with items
included elsewhere in this statement.

                                                                   

SEGMENTS

Operating Revenue
Sales to customers outside the economic entity
Inter-segment sales
Unallocated revenue

Total revenue (consolidated total equal to item 1.3)

Segment result (including abnormal items where relevant)
Unallocated expenses

Consolidated operating profit after tax (before
equity accounting) (equal to item 1.8)

Segment assets                    )Comparative data for segment
Unallocated assets                )assets should be as at the end of
Total assets (equal to item 4.16) )the previous corresponding period.


DIVIDENDS (in the case of a trust, distributions)

15.1  Date the dividend (distribution) is payable        15/12/2000
                                        
15.2  Record date to determine entitlements to 
      the dividend (distribution) (ie, on the basis 
      of registrable transfers received up to 5.00pm
      if paper based, or by "End of Day" if a proper
      SCH transfer)                                      09/11/2000
                                        
15.3  If it is a final dividend, has it been declared
      (Preliminary final statement only)                 20/11/2000


AMOUNT PER SECURITY
                                     Amount   Franked     Amount per
                                       Per    Amount Per  security of
                                    Security  security at foreign 
                                              34%/36% tax source 
                                                          dividend
(Preliminary final report only)                                  
15.4 Final dividend:   Current year       35c        35c         -
                                                           
15.5                   Previous year      30c        24c         6c

(Half yearly and preliminary final 
 statements)
15.6 Interim dividend: Current year       29c        29c         -

15.7                   Previous year      26c      19.5c       6.5c


TOTAL ANNUAL DIVIDEND (DISTRIBUTION) PER SECURITY
(Preliminary final statement only)
                                               Current       Previous
                                                  year         year

15.8 Ordinary securities                            64 c         56 c

15.9 Preference securities                          82 c         62 c


TOTAL DIVIDEND (DISTRIBUTION)
                                               Current      Previous
                                                period   corresponding
                                               AUDM       period
                                                            AUDM
                                              
15.10 Ordinary securities                          941          814

15.11 Preference securities                        102           72

15.12 Total                                      1,043          886


The dividend or distribution plans shown below are in operation.

 Dividend reinvestment plan; Bonus option plan.

The last date(s) for receipt of election notices
for the dividend or distribution plans                   09/11/2000
                          
Any other disclosures in relation to dividends (distributions)

 None


DETAILS OF AGGREGATE SHARE OF PROFITS OF ASSOCIATES

                                               Current      Previous
Entity's share of associate's                   period   corresponding
                                               AUDM       period
                                                            AUDM
                                              
16.1 Operating profit(loss) before
     income tax                                      5          (2)
    
16.2 Income tax expense                            (2)            -
    
16.3 Operating profit(loss) after
     income tax                                      3          (2)

16.4 Extraordinary items net of tax                  -            -
                                              
16.5 Net profit(loss)                                3          (2)

16.6 Outside equity interests                        -            -

16.7 Net profit(loss) attributable
     to members                                      3          (2)


MATERIAL INTERESTS IN ENTITIES WHICH ARE NOT CONTROLLED ENTITIES
The economic entity has an interest (that is material to it) in the 
following entities.

None of the ANZ's interets in associates are deemed to be material

ISSUED AND QUOTED SECURITIES AT END OF CURRENT PERIOD 

Description includes rate of interest and any redemption or
conversion rights together with prices and dates.

 Category of                  Number       Number Par value  Paid-up
 securities                   issued       quoted  (cents)    value
                                                             (cents)
 18.1 Preference
      securities
      (description)      124,032,000  124,032,000 US   625 US   625


 18.2 Issued during
     current period                -            -        -        -


 18.3 Ordinary
      securities 
      Fully paid       1,506,210,690 1,506,210,690      100      100
      Partly paid             73,000        73,000      100       10

 18.4 Issued during
      current period      29,497,104   29,519,104      100      100

 18.5 Convertible debt
      securities
      (description and 
      conversion factor)         N/A          N/A      N/A      N/A


 18.6 Issued during
      current period             N/A          N/A      N/A      N/A


 18.7 Options (description              No         Exercise   Expiry
      and conversion factor)          Issued        price     date
      On Issue                                      (cents)

                                       99,404       $8.76  30/01/2002
                                       22,699       $8.76  13/02/2002
                                      500,000       $8.76  01/06/2002
                                       82,891      $11.45  22/01/2003
                                      500,000      $12.12  01/10/2002
                                      500,000      $11.40  01/10/2002
                                       10,480      $11.45  17/02/2003
                                    1,450,000       $9.51  23/02/2003
                                      100,000      $10.64  21/06/2003
                                      200,000       $8.93  01/10/2003
                                    1,025,000       $8.97  27/10/2003
                                      660,000      $10.34  10/12/2003
                                       10,000      $10.41  27/01/2004
                                      150,000      $10.44  23/02/2004
                                      165,000      $11.44  24/03/2004
                                    2,795,000      $11.20  01/06/2004
                                      380,000      $11.20  01/06/2004
                                        7,500      $11.26  06/06/2004
                                       25,000      $11.29  04/07/2004
                                      150,000      $11.30  11/07/2004
                                    1,000,000       $9.94  26/10/2004
                                      750,000      $11.49  31/12/2004
                                      140,000      $10.63  30/01/2005
                                    1,341,000      $10.11  22/02/2007
                                      350,000      $10.20  07/03/2007
                                      165,000      $11.81  22/05/2007
                                      515,000      $11.81  22/05/2007
                                       60,000      $11.64  25/05/2007
                                      200,000      $12.23  06/06/2007

                                                             

 18.8 Issued during
      current period                   100,000       9.94  26/10/2004
                                       750,000      11.49  30/12/2004
                                       140,000      10.63  30/01/2005
                                     1,386,000      10.11  22/02/2007
                                       350,000      10.20  07/03/2007
                                       695,000      11.81  22/05/2007
                                        60,000      11.64  25/05/2007
                                       200,000      12.23  06/06/2007


 18.9 Exercised during
      current period                   559,401       8.76  -
                                       100,000       8.97  -
                                        40,000      10.34  -
                                        75,000      10.64  -
                                       100,000      10.65  -
                                       100,000      11.40  -
                                        40,695      11.45  -


 18.10 Expired during
       current period                     1,832     8,376  30/01/2002
                                          1,225      8.76  13/02/2002
                                         45,000     10.11  22/02/2007
                                         55,000     10.34  10/12/2003
                                         50,000     10.76  30/07/2003
                                          2,500     11.20  01/06/2004
                                         10,000     11.44  24/03/2004
                                         50,006     11.45  22/01/2003
                                         15,000     11.81  22/05/2007


 18.11 Debentures  
       (totals only)             N/A             

 18.12 Unsecured notes
       (totals only)             N/A             


COMMENTS BY DIRECTORS

Comments on the following matters are required by ASX or, in relation
to the half yearly statement, by AASB 1029: Half-Year Accounts and
Consolidated Accounts. The comments do not take the place of the
directors' report and statement (as required by the Corporations Law)
and may be incorporated into the directors' report and statement. For
both half yearly and preliminary final reports, if there are no
comments in a section, state NIL. If there is insufficient space to
comment, attach notes to this report.

BASIS OF ACCOUNTS PREPARATION

If this report is a half yearly report, it is a general purpose
financial report prepared in accordance with the listing rules and
AASB 1029: Half-Year Accounts and Consolidated Accounts. It should be
read in conjunction with the last annual report and any announcements
to the market made by the entity during the period. [Delete if
inapplicable.]

Material factors affecting the revenues and expenses of the economic 
entity for the year ended 30 September 2000

 Refer accompanying announcement

A description of each event since the end of the current period which 
has had a material effect and is not related to matters already 
reported, with financial effect quantified (if possible)

 Refer accompanying announcement

Franking credits available (amount):                       $       

Prospects for paying fully or partly franked dividends for at least
the next year

 Subject to the currently unknown impacts of Business Tax Reform, ANZ 
 expects to maintain the current level of franking.

Changes in accounting policies since the last annual report are 
disclosed as follows.

 Change in accounting policies - refer page 28 to the accompanying 
 announcement.


ADDITIONAL DISCLOSURE FOR TRUSTS

19.1 Number of units held by the management 
     company or a related party of it                              
                               
19.2 A statement of the fees and commissions 
     payable to the management company.                            
    
     Identify:
         initial service charges                                   
         management fees                                           
         other fees                                                


ANNUAL MEETING  
(Preliminary final statement only)

The annual meeting will be held as follows:

Place                         Melbourne Concert Hall

Date                          15/12/2000                       

Time                          10.00am

Approximate date the  annual
report will be available      10/11/2000


COMPLIANCE STATEMENT

1  This statement has been prepared under accounting policies which
   comply with accounting standards as defined in the Corporations Law
   or other standards acceptable to ASX (see note 13).

   Identify other standards used
                                                                   

2  This statement, and the financial statements under the Corporations
   Law (if separate), use the same accounting policies.

3  This statement does give a true and fair view of the 
   matters disclosed (see note 2).

4  This statement is based on financial statements to which one of the
   following applies. (Tick one)

             The financial             The financial
             statements have           statements have
             been audited.             been subject to
                                       review.
                                       
         X   The financial             The financial
             statements are in         statements have not
             the process of            yet been audited or
             being audited or          reviewed.
             subject to review.

5 If the audit report or review by the auditor is not attached, detail
  of any qualifications 
 are attached/will follow immediately they are available. 
 (Half yearly report only - the audit report or review by the auditor 
  must be attached to this report if the report is to satisfy the 
  requirements of the Corporations Law.)

6  The entity has a formally constituted audit 
   committee.


J McFarlane 
CHIEF EXECUTIVE OFFICER
26/10/2000


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