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Payment of Interest on US$258.75m 9.125% Capital Securities

Document date:  Tue 29 May 2001
Published:  Tue 29 May 2001 17:50:09
Document No:  177108
Document part:  A
Market Flag:  N
Classification:  Issued Capital - Other

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2001-05-29  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited will on July 2, 2001
make a payment totalling $5,902,734.38 on its 9.125% Capital
Securities to Holders of Record as at June 15, 2001. This payment
equates to approximately $0.57031 (rounded to 5 decimal places) per
$25.00 security.

P J Mathews
ASSISTANT COMPANY SECRETARY