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Payment on 9.125% Capital Securities - 31/12/98

Document date:  Wed 02 Dec 1998
Published:  Wed 02 Dec 1998 00:00:00
Document No:  143640
Document part:  A
Market Flag:  N
Classification: 

HOMEX - Melbourne                                                     

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This is to advise that Australia and New Zealand Banking Group
Limited will make a payment totalling US$5,902,734.38 on 31 December
1998 on its 9.125% Capital Securities to Holders of Record as at 
15 December 1998. This payment equates to approximately US$0.57031
(rounded to 5 decimal places) per US$25.00 security.

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