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AUSTRALIA'S ANZ BANKING GROUP POSTS RECORD H1 NET PROFIT.

Asia Africa Intelligence Wire

| April 27, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

SYDNEY, April 27 Asia Pulse - ANZ Banking Group Ltd (ASX:ANZ) has booked a record first half net profit of $A1.396 billion ($US1.02 billion), up 22 per cent over the previous corresponding period.

It said the integration of the National Bank of New Zealand (NBNZ) was on track.

ANZ announced a fully franked interim dividend of 47 cents, up from 44 cents previously.

In the first half, earnings per share were up 11 per cent to 76.8 cents.

ANZ chief executive John McFarlane said the bank was boosted by its specialist businesses and the Australian businesses in general.

"ANZ has had a solid first half driven …

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