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Ceasing to be a substantial holder for IHG

Document date:  Wed 26 Mar 2003
Published:  Wed 26 Mar 2003 14:03:19
Document No:  202555
Document part:  A
Market Flag:  N
Classification:  Ceasing to be a substantial holder

INTELLECT HOLDINGS LIMITED                    2003-03-26  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Australia and New Zealand Banking Group Limited ceased to be a
substantial shareholder in Intellect Holdings Limited on 20/09/2002.