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Letter to Shrhldrs- Div.Advice/DRP&Bonus Option Plan Stmnts.

Document date:  Fri 18 Dec 1998
Published:  Fri 18 Dec 1998 00:00:00
Document No:  144143
Document part:  A
Market Flag:  N

HOMEX - Melbourne                                                     

In accordance with Continuous Disclosure Rule 3.17, we attach a 
specimen of the Dividend advice, Dividend Reinvestment Plan statement 
and Bonus Option Plan Statement which shareholders of the Bank will be
receiving on Monday, 21 December 1998.

Also attached is a copy of the letter to shareholders enclosing the 
1999 Shareholder Privilege Package which will also be received on 
Monday, 21 December 1998.

A full copy of this announcement is available for purchase from ASX 
Customer Service on 1 300 300 279.