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Notice to ASX re Adj to MAYWAP & MAYWAA

Document date:  Fri 09 Oct 1998
Published:  Fri 09 Oct 1998 00:00:00
Document No:  141716
Document part:  A
Market Flag:  N
Classification: 

HOMEX - Melbourne                                                     

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As announced on 8 October, Australia and New Zealand Banking Group
Limited will adjust the American Call Warrants and European Put
Warrants over ordinary shares in Mayne Nickless Limited issued by it
under an Offering Circular dated 29 May 1998 in the same way as the
adjustment to Exchange Traded Options announced by ASX in Notice to
Clearing Members November 86. The adjustment will be effective on 9
October. Details of the adjustment are:

MAYWAA: 
Adjusted Underlying Parcel:  1.1123 MAY share (formerly 1 MAY share) 
Adjusted Exercise Price:     $8.45 (formerly $9.40)
 
MAYWAP:  
Adjusted Underlying Parcel:  1.1123 MAY share (formerly 1 MAY share)
Adjusted Exercise Price:     $7.01 (formerly $7.80)

Any questions as to the adjustment should be directed to Mark Morris
at ANZ Securities on 9322 6441.

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