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Becoming a substantial holder for CDR

Document date:  Fri 30 Aug 2002
Published:  Fri 30 Aug 2002 12:29:00
Document No:  273157
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

COMMANDER COMMUNICATIONS LIMITED              2002-08-30  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group Ltd ("ANZ") became a
substantial shareholder in Commander Communications Limited on
30/04/2002 with a relevant interest in the issued share capital of
9,155,751 ordinary shares (6.32%).