52LR Sthn.pac.42a2aa

RNS No 8616w
BENDIGO BANK LIMITED


              * AMENDMENT DUE TO CHANGES TO PRICING SUPPLEMENT *

To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
09-SEP-98.

Issue:              BENDIGO BANK LTD (MTN) - SERIES 1
                    US$100,000,000 FRN DUE 11/6/2001
                    
ISIN NO:            XS0087895255
Issue Nominal:      USD100,000,000.00
Period:             11-SEP-98           To          11-DEC-98
Number of Days:     91
Rate:               5.96094             PCT
Denomination USD:   1,000.00     10,000.00        100,000.00
Amount Payable      
Per Denomination:   15.07           150.68         1,506.79


From:
Jane Slate 
Global Trust Services, 380B
Telephone           44 (0) 1202 341286
Facsimile           44 (0) 1202 347939


END

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