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Ceasing to be a substantial holder for BCA

Document date:  Fri 24 Jan 2003
Published:  Fri 24 Jan 2003 14:35:08
Document No:  285872
Document part:  A
Market Flag:  N
Classification:  Ceasing to be a substantial holder

BAYCORP ADVANTAGE LIMITED                     2003-01-24  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group Ltd ceased to be a
substantial shareholder in Baycorp Advantage Limited on 24/05/2002.