RNS Number:2158A
Bendigo Bank Ld
9 March 2001

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on:
09-MAR-2001.

Issue             :  BENDIGO BANK LTD (MTN) - Series 1
                     US$100,000,000 FRN Due 11/8/2001
ISIN Number       :  XS0087895255
Issue Nominal USD :  100,000,000.00
Period            :  13-MAR-2001  to  12-JUN-2001    Payment Date  12-JUN-2001
Number of Days    :  91
Rate              :  5.415
Denomination USD  :  1,000.00        10,000.00    100,000.00 
Amount Payable
Per Denomination  :  13.69           136.88       1,368.79

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