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Ceasing to be a substantial holder for ALS

Document date:  Wed 23 Apr 2003
Published:  Wed 23 Apr 2003 18:44:57
Document No:  293903
Document part:  A
Market Flag:  N
Classification:  Ceasing to be a substantial holder

ALESCO CORPORATION LIMITED                    2003-04-23  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group Limited ceased to be a
substantial shareholder in Alesco Corporation Limited on 11/04/2003.