Intention to carry out a Share Buy-Back

Document date:  Wed 01 Nov 2000
Published:  Wed 01 Nov 2000 11:04:41
Document No:  169453
Document part:  A
Market Flag:  Y
Classification:  Issued Capital - Other , Market Buy-Back 

AUSTRALIA & NEW ZEALAND BANKING GROUP LI      2000-11-01  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

+++++++++++++++++++++++++
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
FORM 281
INTENTION TO CARRY OUT A SHARE BUY-BACK

Company Name Australia & New Zealand Banking Group Limited
      A.B.N. 11 005 357 522

TYPE OF SHARE BUY-BACK       BUY BACK DETAILS

Tick the appropriate box     Fill in details for the type 
                             of buy back selected

  Employee Share Scheme      proposed date for buy back 
  within 10/12 limit         agreement to be entered into
                             or on about  

  Employee Share Scheme      proposed date for buy back 
  over 10/12 limit           agreement to be entered into
                             on or about   AND the 
                             resolution to approve the buy
                             back is proposed to be passed
                             on or about  

x On-Market                  period of buy back 18/11/2000
  within 10/12 limit         to 17/11/2001

  On-Market                  period of buy back   
  over 10/12 limit           to   AND the resolution
                             to approve the buy back is 
                             proposed to be passed on or 
                             about  

  Equal Access Buy Back      proposed date for buy back 
  within 10/12 limit         agreement to be entered into
                             on or about  

  Equal Access Buy Back      proposed date for buy back
  over 10/12 limit           agreement to be entered into
                             on or about   AND the
                             resolution to approve the buy
                             back is proposed to be passed
                             on or about  

  Selective buy back         proposed date for buy back
                             agreement to be entered into
                             on or about   AND the
                             resolution to approve the buy
                             back is proposed to be passed
                             on or about  

J Slatter 
COMPANY SECRETARY
01/11/2000