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Becoming a substantial holder for ASB

Document date:  Fri 30 Aug 2002
Published:  Fri 30 Aug 2002 12:16:42
Document No:  222145
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

AUSTAL LIMITED                                2002-08-30  ASX-SIGNAL-G

HOMEX - Perth                                                         

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ANZ Banking Group Limited became a substantial shareholder in Austal
Limited on 30/04/2002 with a relevant interest in the issued share
capital of 16,050,284 ordinary shares (8.32%).