Instalment Warrant Distribution - TAHIAA

Document date:  Wed 26 Feb 2003
Published:  Thu 27 Feb 2003 14:00:22
Document No:  201294
Document part:  A
Market Flag:  N
Classification:  Structured Products Distribution 

AUSTRALIA AND NEW ZEALAND BANKING GROUP       2003-02-26  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

+++++++++++++++++++++++++
Australia and New Zealand Banking Group Limited as issuer of
instalment warrants over ordinary shares in Tabcorp Holdings Limited
(TAH) under the Offering Circular dated 10 May 2001 (ASX Code:
TAHIAA), announces that the Record Time for the entitlements to the
$0.33, fully franked (100%) distribution for the TAHIAA instalment
warrants is 07 March 2003. This Record Time coincides with the record
date, for the TAH ordinary shares dividend.

The TAHIAA instalment warrants will commence trading ex-distribution
an 03 March 2003. This coincides with the ex-dividend date for the
TAH ordinary shares.

The Security Trustee will cause distributions to be distributed to
Holders of TAHIAA instalment warrants in the form of cleared funds no
later than 5 Business Days after 02 April 2003.

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

J Koepperkastrop
HEAD OF ANZ
EQUITY DERIVATIVES