Change in substantial holding

Document date:  Wed 19 Sep 2001
Published:  Wed 19 Sep 2001 08:53:14
Document No:  181287
Document part:  A
Market Flag:  N
Classification:  Change in substantial holding 

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2001-09-19  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

+++++++++++++++++++++++++
Franklin Resources Inc decreased its relevant interest in Australia
And New Zealand Banking Group Limited on 11/09/2001, from *109,261,388
ordinary shares (7.06%) to *97,535,767 ordinary shares (6.05%).

*The total number of shares includes 3,038,105 ordinary shares by 
virtue of holding 607,621 American Depository Receipts.