RNS Number:5932R
Bendigo Bank Ld
26 September 2000

Letter To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
25-SEP-2000

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-SEP-2000    To   27-DEC-2000 Payment Date 27-DEC-2000
Number of Days:        91
Rate:                  7.06                  
Denomination USD:      1,000.00        10,000.00           100,000.00
Amount Payable
Per Denomination:      17.85           178.46               1,784.61

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