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Instalment Warrant Distribution - FGLIAA

Document date:  Tue 27 Aug 2002
Published:  Tue 27 Aug 2002 12:06:47
Document No:  193851
Document part:  A
Market Flag:  N
Classification:  Structured Products Distribution

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-08-27  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

+++++++++++++++++++++++++
Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in Foster's Group Limited
(FGL) under the Offering Circular dated 1O May 2001 (ASX Code:
FGLIAA), announces that the Record Time for the entitlements to the
$0.095, fully franked distribution for the FGLIAA instalment warrants
is 6 September 2002. This Record Time coincides with the record date
for the FGL ordinary shares dividend.

The FGLIAA instalment warrants will commence trading ex-distribution
on 2 September 2002. This coincides with the ex-dividend date for the
FGL ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of FGLIAA instalment warrants in the form of cleared funds no
later than 5 Business Days after 1 October 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