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Further advice re Issue of Redeemable Pref. Shares

Document date:  Wed 25 Nov 1998
Published:  Wed 25 Nov 1998 00:00:00
Document No:  143410
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 has now issued an additional 4,000,0000 redeemable preference
shares for, in aggregate US $25,000,000 in response to the exercise
of the underwriters over allotment option referred to in out letter
of 20 November 1998.


J Slatter
GROUP GENERAL COUNSEL & COMPANY SECRETARY

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