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Ceasing to be a substantial holder for PWR

Document date:  Thu 13 Mar 2003
Published:  Thu 13 Mar 2003 20:14:07
Document No:  290375
Document part:  A
Market Flag:  N
Classification:  Ceasing to be a substantial holder

POWERLAN LIMITED                              2003-03-13  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group Limited ceased to be 
substantial shareholders in Powerlan Limited on 16/05/2002.