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Final Dividend - DRP & Bonus Option Plan Price

Document date:  Wed 20 Nov 2002
Published:  Wed 20 Nov 2002 16:04:11
Document No:  198107
Document part:  A
Market Flag:  N
Classification:  Dividend Record Date , Dividend Pay Date , Dividend Rate , Dividend - Other

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2002-11-20  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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ANZ Directors declared the Final Dividend of 46 cents on 18 November.
The dividend is payable on 13 December 2002 to holders of fully paid
ordinary shares registered in the books of the Company at the close
of business on 7 November 2002.

The price set for reinvestment of dividends under the ANZ Dividend
Reinvestment Plan and Bonus Option Plan is $18.32 being the volume
weighted average of the ANZ share price in the five days following
the Record Date.

T A Paine 
COMPANY SECRETARY