Change in substantial holding

Document date:  Thu 20 Sep 2001
Published:  Thu 20 Sep 2001 09:28:23
Document No:  181345
Document part:  A
Market Flag:  N
Classification:  Change in substantial holding 

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2001-09-20  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

+++++++++++++++++++++++++
Franklin Resources Inc decreased its relevant interest in Australia
And New Zealand Banking Group Limited on 13/09/2001, 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