RNS Number:0122M
Bendigo Bank Ld
9 June 2000


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
09 JUNE 2000.

Issue:             BENDIGO BANK LTD (MTN) - SERIES 1
                   US$100,000,000 FRN DUE 11/6/2001
ISIN NO:           XS0087895255              
Issue Nominal USD: 100,000,000.00
Period:            13-JUN-2000  To  11-SEP-2000   Payment Date: 11-SEP-2000
Number of Days:    90
Rate:              7.185                       
Denomination USD:  1,000.00      10,000.00      100,000.00
Amount Payable
Per Denomination:  17.96         179.63         1,796.25

From:
Jane Slate                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7939

END

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