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Ceasing to be a substantial holder for CDR

Document date:  Mon 19 May 2003
Published:  Mon 19 May 2003 15:51:33
Document No:  296034
Document part:  A
Market Flag:  N
Classification:  Ceasing to be a substantial holder

COMMANDER COMMUNICATIONS LIMITED              2003-05-19  ASX-SIGNAL-G

HOMEX - Sydney                                                        

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Australia and New Zealand Banking Group Ltd ceased to be a
substantial shareholder in Commander Communications Limited on
09/05/2003.