Bankers Trust Quarterly Warrant Issuer Report

Document date:  Thu 16 Apr 1998
Published:  Thu 16 Apr 1998 00:00:00
Document No:  158199
Document part:  A
Market Flag:  N
Classification:  

BANKERS TRUST AUSTRALIA LIMITED               1998-04-16  ASX-SIGNAL-G

HOMEX - Sydney                                                        

+++++++++++++++++++++++++
RE: QUARTERLY WARRANT ISSUER REPORTS RULE 8.9.4

Please find enclosed the above report for the quarter ended 31 March
1998.

Do not hesitate to contact me with any queries.

D Barker
ACCOUNTING MANAGER

               ANZWBC      ANZWBI    ANZWBP       ANZWBT      BHPWBC

8.9.4(a)(i)  31,332,736    161,105  34,974,500  (4,960,100) 11,119,600
8.9.4(a)(ii) 40,000,000  1,166,617  39,000,000       -      20,000,000

8.9.4(b)                 3,757,469


               BHPWBD      BHPWBI     BHPWBP       BHPWBQ    BHPWBT

8.9.4(a)(i)   6,962,500    830,868    (374,615)  5,344,079 15,872,009
8.9.4(a)(ii)  7,000,000  2,049,431  59,000,000  13,000,000 70,000,000

8.9.4(b)                13,443,097

               CBAWBC      CBAWBI     CBAWBJ     CBAWBP     CBAWBT

8.9.4(a)(i)  35,935,400        (73)    (7,650) 34,090,400 (7,499,250)
8.9.4(a)(ii) 39,000,000  1,505,516  1,127,544  39,000,000        -

8.9.4(b)                                                   5,971,680


               CMLWBT      CSRWBI    FBGWBT     GIOWBI

8.9.4(a)(i)     (24,930)    17,923   (325,950)   406,611
8.9.4(a)(ii) 30,000,000    514,965  2,000,000  1,745,449       

8.9.4(b)        435,120    681,034  1,185,000    962,945  


                LHGWBT      LLCWBI    MIMWBP     MIMWBT       NABWBC

8.9.4(a)(i)     262,100        479  27,035,190  13,830,000     162,600
8.9.4(a)(ii) 17,000,000    169,133  29,000,000  20,000,000  40,000,000
   
8.9.4(b)        992,500     41,232   4,403,000    


                NABWBI     NABWBD     NABWBP     NABWBQ       NABWBT

8.9.4(a)(i)      43,029    846,520      11,000 34,080,005 (19,933,500)
8.9.4(a)(ii)    827,080  3,000,000  40,000,000 40,000,000       -
    
8.9.4(b)                         11,705,099

                NCMWBC     NCMWBT     NCPWBC     NCPWBI      NCPWBD

8.9.4(a)(i)     -        (2,088,195)   228,400    28,204     28,000
8.9.4(a)(ii) 22,000,000      -      20,000,000   314,405  2,000,000
8.9.4(b)             2,618,245                            2,586,870


                NCPWBP    NCPWBT      NDYWBT      OSHWBT     PASWBT

8.9.4(a)(i)   2,471,550  (7,748,599)     61,400 (1,669,516) 1,083,360
8.9.4(a)(ii)  4,000,000       -      20,000,000 30,000,000 15,000,000
8.9.4(b)                              5,694,083  1,812,320  3,662,608


                RIOWBC    RIOWBP       SGBWBI      SGBWBP     SGBWBT

8.9.4(a)(i)     306,300   17,995,100    116,902  36,032,580 34,110,200
8.9.4(a)(ii) 40,000,000   19,100,000  2,268,341  38,200,000 37,000,000
8.9.4(b)          2,000,170           2,521,474        


                STOWBI     STOWBP      TLSWBT      WBCWBI    WBCWBP

8.9.4(a)(i)    (257,146) 18,391,000    772,402    182,591  17,895,000
8.9.4(a)(ii)  1,432,496  20,000,000  3,000,000  1,016,210  20,000,000
8.9.4(b)      1,964,437              2,061,525              5,424,796


                WBCWBT     WMCWBC      WMCWBI      WMCWBD    WMCWBP

8.9.4(a)(i)     146,300  21,022,080   (573,382)  (170,350)    138,500
8.9.4(a)(ii) 19,000,000  60,000,000  4,389,794  1,000,000  40,000,000
8.9.4(b)                                       12,366,928


                WMCWBT     WOWWBI      WPLWBP     WPLWBT

8.9.4(a)(i)  (3,800,626)   (132,823) 18,256,200  (3,496,480)
8.9.4(a)(ii)       -        806,232  19,400,000  40,000,000
8.9.4(b)                    700,465               1,770,434



Where:
8.9.4(a)(i) is the net number of warrants bought back/(sold) or 
exercised during the quarter.

8.9.4(a)(ii) the number of warrants outstanding at the end of the 
quarter.

8.9.4(b) is the relevant interest held by the warrant issuer. Our 
calculation of relevant interest includes long positions on: (i) 
securities; (ii) call options exercisable & written put options; (iii)
equity futures deliverable.

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