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Ceasing to be a substantial holder for DOW

Document date:  Fri 24 Jan 2003
Published:  Fri 24 Jan 2003 15:04:18
Document No:  285875
Document part:  A
Market Flag:  N
Classification:  Ceasing to be a substantial holder

DOWNER EDI LIMITED                            2003-01-24  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group Limited ceased to be a
substantial shareholder in Downer EDI Limited on 16/08/2002.