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Change in substantial holding for UGL

Document date:  Fri 13 Jun 2003
Published:  Fri 13 Jun 2003 17:59:01
Document No:  238895
Document part:  A
Market Flag:  N
Classification:  Change in substantial holding

UNITED GROUP LIMITED.                         2003-06-13  ASX-SIGNAL-G

HOMEX - Perth                                                         

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ANZ Group Ltd decreased its relevant interest in United Group Limited
on 06/06/2003, from 8,075,876 ordinary shares (8.84%) to 6,562,091
ordinary shares (7.18%).