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Becoming a substantial holder for ALZ

Document date:  Fri 30 Aug 2002
Published:  Fri 30 Aug 2002 10:09:36
Document No:  273136
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

AUSTRALAND HOLDINGS LIMITED                   2002-08-30  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group Limited ("ANZ) became a
substantial shareholder in Australand Holdings Limited on 30/04/2002
with a relevant interest in the issued share capital of 46,795
ordinary shares (9.36%).