Record time for entitlement - WBCIAA Instalment Warrant

Document date:  Thu 15 Nov 2001
Published:  Thu 15 Nov 2001 13:43:28
Document No:  183843
Document part:  A
Market Flag:  N
Classification:  Structured Products Issuer Report 

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2001-11-15  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

+++++++++++++++++++++++++
Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in Westpac Bank Corporation
(WBC) under an Offering Circular dated 10 May 2001 (ASX Code:
WBCIAA), announces that the Record Time for the entitlements to the
$0.32, fully franked distribution for the WBCIAA instalment warrants
is 28 November 2001. This Record Time coincides with the record date
for the WBC ordinary shares dividend.

The WBCIAA instalment warrants will commence trading ex-distribution
on 22 November 2001. This coincides with the ex-dividend date for the
WBC ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of WBCIAA as soon as possible after receipt in the form of
cleared funds.

Defined terms used in this announcement have the meanings given to
them in the Offering Circular dated 10 May 2001.

J Koeppenkestrop
HEAD OF ANZ EQUITY DERIVATIVES