RNS Number:0075B
Bendigo Bank Ld
23 March 2001

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
23-Mar-2001.

Issue             :  BENDIGO BANK LIMITED - SERIES 2
                     US$100,000,000 (MTN) FRN DUE 27/9/2002
                     
ISIN NO           :  XS0117477280
Issue Nominal USD :  100,000,000.00
Period            :  27-MAR-2001  To  27-JUN-2001    Payment Date  27-JUN-2001
Number of Days    :  92
Rate              :  5.26
Denomination USD  :  1,000.00      10,000.00     100,000.00
Amount Payable
Per Denomination  :  13.44         134.42        1,344.22

From:
Steven Coutts                        Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7438
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