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Becoming a substantial holder for NTG

Document date:  Tue 18 Mar 2003
Published:  Mon 24 Mar 2003 15:00:31
Document No:  291041
Document part:  A
Market Flag:  N
Classification:  Becoming a substantial holder

NATIONAL TELECOMS GROUP LIMITED               2003-03-18  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group Limited became a substantial
shareholder in National Telecoms Group Limited on 12/07/2002 with a
relevant interest in the issued share capital of 6,343,513 ordinary
shares fully paid (5.14%).