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Instalment Warrant Distribution - FXJIAA

Document date:  Mon 09 Sep 2002
Published:  Mon 09 Sep 2002 14:01:23
Document No:  194452
Document part:  A
Market Flag:  N
Classification:  Structured Products Distribution

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-09-09  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in Fairfax (John) Holdings
Limited (FXJ) under the Offering Circular dated 10 May 2001 (ASX
Code: FXJIAA), announces that the Record Time for the entitlements to
the $0.07, fully franked distribution for the FXJIAA instalment
warrants is 4 October 2002. This Record Time coincides with the
record date for the FXJ ordinary shares dividend.

The FXJIAA instalment warrants will commence trading ex-distribution
on 30 September 2002. This coincides with the ex-dividend date for
the FXJ ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of FXJIAA instalment warrants in the form of cleared funds
no later than 5 Business Days after 17 October 2002.

Defined terms used in this announcement have the meanings given to
them in the Offering Circular dated 10 May 2001.

A Ezra
HEAD OF EQUITY DERIVATIVE SALES