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Change in substantial holding for ETR

Document date:  Thu 03 Jan 2002
Published:  Thu 03 Jan 2002 16:22:02
Document No:  253109
Document part:  A
Market Flag:  N
Classification:  Change in substantial holding

ETRADE AUSTRALIA LIMITED                      2002-01-03  ASX-SIGNAL-G

HOMEX - Sydney                                                        

Australia and New Zealand Banking Group Ltd changed its relevant
interest in Etrade Australia Limited on 02/01/2002, from 24,464,726
ordinary shares (30.94%) to 24,464,726 ordinary shares (28.62%).

Nature of change: New shares issued by Etrade to a third party have
affected the percentage of shares held by ANZ.