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Becoming a substantial holder for IHG

Document date:  Fri 30 Aug 2002
Published:  Fri 30 Aug 2002 15:50:36
Document No:  194082
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

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

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited ("ANZ") became a
substantial shareholder in Intellect Holdings Limited on 30/04/2002
with a relevant interest in the issued share capital of 20,118,835
ordinary shares (9.24%).