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Payment of Interest on Capital Securities

Document date:  Mon 05 Mar 2001
Published:  Mon 05 Mar 2001 12:25:57
Document No:  173969
Document part:  A
Market Flag:  N
Classification:  Issued Capital - Other

AUSTRALIA & NEW ZEALAND BANKING GROUP LI      2001-03-05  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited will on 31 March 2001
make a payment totalling $5,902,734.38 on its 9.125% Capital
Securities to Holders of Record as at March 15, 2001. This payment
equates to approximately $0.57031 (rounded to 5 decimal places) per
$25.00 security.

P J Mathews
ASSISTANT COMPANY SECRETARY