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Variable Interest Rate Increase

Variable Rate Changes ANZ today announced an increase to Variable interest rates of 0.10 percent pa as a result of sustained increases in funding costs associated with the turmoil in global markets, effective Monday, 28th April 2008 (the interest rate applies at settlement not approval):

Variable interest rate home loans that are increasing are the ANZ Standard Variable Rate Home Loan, ANZ Money Saver Home Loan and the ANZ Equity Manager.