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Becoming a substantial holder for HLY

Document date:  Fri 30 Aug 2002
Published:  Fri 30 Aug 2002 15:13:34
Document No:  273201
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

HILLS MOTORWAY GROUP                          2002-08-30  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group ("ANZ") became a substantial
shareholder in Hills Motorway Group on 30/04/2002 with a relevant
interest in the issued share capital of 9,676,801 ordinary shares
(5.23%).