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Becoming a substantial holder for UGL

Document date:  Fri 30 Aug 2002
Published:  Fri 30 Aug 2002 17:55:45
Document No:  222195
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

UNITED GROUP LIMITED.                         2002-08-30  ASX-SIGNAL-G

HOMEX - Perth                                                         

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Australia and New Zealand Banking Group ("ANZ") became a substantial
shareholder in United Group Limited. on 30/04/2002 with a relevant
interest in the issued share capital of 9,256,158 ordinary shares
(10.21%).