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Becoming a substantial holder for ION

Document date:  Fri 30 Aug 2002
Published:  Fri 30 Aug 2002 18:05:13
Document No:  194122
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

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

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited became a substantial
shareholder in ION Limited on 30/04/2002 with a relevant interest in
the issued share capital of 10,771,653 ordinary shares (5.09%).