RNS Number:5862Q
Bendigo Bank Ld
7 September 2000

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
07/09/2000.

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:                11/SEP/2000   To   11/DEC/2000  Payment Date 11-DEC-2000
Number of Days:        91
Rate:                  7.035                  
Denomination USD:      1,000.00       10,000.00       100,000.00
Amount Payable
Per Denomination:      17.78          177.83          1,778.29


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