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Record Time for entitlement to QANIAA distribution

Document date:  Fri 22 Feb 2002
Published:  Mon 25 Feb 2002 08:29:32
Document No:  187373
Document part:  A
Market Flag:  N
Classification:  Structured Products Issuer Report

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-02-22  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 Qantas Airways Limited
(QAN) under an Offering Circular dated 10 May 2001 (ASX Code:
QANIAA), announces that the Record Time for the entitlements to the
$0.08, fully franked distribution for the QANIAA instalment warrants
is 13 March 2002. This Record Time coincides with the record date for
the QAN ordinary shares dividend.

The QANIAA Instalment warrants will commence trading ex-distribution
on 6 March 2002. This coincides with the ex-dividend date for the QAN
ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of QANIAA instalment warrants in the form of cleared funds no
later than 5 Business Days after 10 April 2002.

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