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Payment of Interest on US$258.75m 9.125% Capital Securities

Document date:  Wed 28 Aug 2002
Published:  Wed 28 Aug 2002 14:17:55
Document No:  193923
Document part:  A
Market Flag:  N
Classification:  Issued Capital - Other

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-08-28  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited will on September 30,
2002 make a payment totalling $5,902,734.38 on its 9.125% Capital
Securities to Holders of Record as at September 15, 2002. This
payment equates to approximately $0.57031 (rounded to 5 decimal
places) per $25.00 security.


T Paine
COMPANY SECRETARY