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Dividend Declared

Document date:  Mon 23 Nov 1998
Published:  Mon 23 Nov 1998 00:00:00
Document No:  143284
Document part:  A
Market Flag:  N
Classification: 

HOMEX - Melbourne                                                     

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In its year end profit release made on 4 November 1998, ANZ announced
that the Directors proposed a final dividend of 28 cents per fully
paid $1 ordinary shares. This dividend partially franked to 60% has
now been declared and will be payable on 21 December 1998 to holders
of fully paid shares registered in the books of the Company at the
close of business on 20 November 1998.

Shareholders participating in the Company's Bonus Option Plan will
receive an issue of fully paid shares in place of the dividend.


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