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Change in substantial holding for UGL

Document date:  Mon 07 Apr 2003
Published:  Mon 07 Apr 2003 09:36:20
Document No:  235665
Document part:  A
Market Flag:  N
Classification:  Change in substantial holding

UNITED GROUP LIMITED.                         2003-04-07  ASX-SIGNAL-G

HOMEX - Perth                                                         

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Australia and New Zealand Banking Group Limited (ANZ) decreased its
relevant interest in United Group Limited. on 19/02/2003, from
9,256,158 ordinary shares (10.21%) to 8,075,876 ordinary shares
(8.84%).