RIOIAA Instalment Warrants-Record Time for Distribution

Document date:  Wed 13 Feb 2002
Published:  Thu 14 Feb 2002 13:50:21
Document No:  187034
Document part:  A
Market Flag:  N
Classification:  Structured Products Issuer Report 

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-02-13  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in Rio Tinto Limited (RIO)
under an Offering Circular dated 10 May 2001 (ASX Code: RIOIAA),
announces that the Record Time for the entitlements to the $0.7585,
fully franked distribution for the RIOIAA instalment warrants is 13
March 2002. This Record Time coincides with the record date for the
RIO ordinary shares dividend.

The RIOIAA instalment warrants will commence trading ex-distribution
on 06 March 2002. This coincides with the ex-dividend date for the
RIO ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of RIOIAA instalment warrants in the form of cleared funds no
later than 5 Business Days after 8 April 2002.

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

J Koeppenkastrop
HEAD OF ANZ EQUITY DERIVATIVES