Instalment Warrant Distribution x4

Document date:  Thu 30 May 2002
Published:  Thu 30 May 2002 15:09:01
Document No:  190822
Document part:  A
Market Flag:  N
Classification:  Structured Products - Other 

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-05-30  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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BHPIAA

Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in BHP Billiton Limited
(BHP) under the Offering Circular dated 10 May 2001 (ASX Code:
BHPIAA), announces that the Record Time for the entitlements to the
$0.1196, fully franked distribution for the BHPIAA instalment
warrants is 7 June 2002. This Record Time coincides with the record
date for the BHP ordinary shares dividend.

The BHPIAA instalment warrants will commence trading ex-distribution
on 3 June 2002. This coincides with the ex-dividend date for the BHP
ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of BHPIAA instalment warrants in the form of cleared funds no
later than 5 Business Days after 3 July 2002.

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

NABIAA

Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in National Australia Bank
Limited (NAB) under the Offering Circular dated 10 May 2001 (ASX
Code: NABIAA), announces that the Record Time for the entitlements to
the $0.72, fully franked distribution for the NABIAA instalment
warrants is 14 June 2002. This Record Time coincides with the record
date for the NAB ordinary shares dividend.

The NABIAA instalment warrants will commence trading ex-distribution
on 7 June 2002. This coincides with the ex-dividend date for the NAB
ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of NABIAA instalment warrants in the form of cleared funds no
later than 5 Business Days after 3 July 2002.

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

SGBIAA

Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in St George Bank Limited
(SGB) under the Offering Circular dated 10 May 2001 (ASX Code:
SGBIAA), announces that the Record Time for the entitlements to the
$0.38, fully franked distribution for the SGBIAA instalment warrants
is 18 June 2002. This Record Time coincides with the record date for
the SGB ordinary shares dividend.

The SGBIAA instalment warrants will commence trading ex-distribution
on 12 June 2002. This coincides with the ex-dividend date for the SGB
ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of SGBIAA instalment warrants in the form of cleared funds no
later than 5 Business Days after 2 July 2002.

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

WBCIAA

Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in Westpac Bank Corporation
(WBC) under the Offering Circular dated 10 May 2001 (ASX Code:
WBCIAA), announces that the Record Time for the entitlements to the
$0.34, fully franked distribution for the WBCIAA instalment warrants
is 13 June 2002. This Record Time coincides with the record date for
the WBC ordinary shares dividend.

The WBCIAA instalment warrants will commence trading ex-distribution
on 6 June 2002. This coincides with the ex-dividend date for to WBC
ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of WBCIAA instalment warrants in the form of cleared funds no
later than 5 Business Days after 5 July 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