The information below is a summary only. Before investing in any
security you should consult the full prospectus or a financial
advisor.
| ASX CODE: |
ADBHA |
| Issue type: |
Unsecured Subordinated Capital Notes |
| Country: |
Australia |
| Issue currency: |
AUD |
| Number on issue: |
400,000 (as per prospectus dated 30 April 1997) |
| Face value: |
$100 per note. |
| Maturity date: |
15 July 2009 |
| Redemption details: |
The Issuer will repay the Noteholder the Face Value of
the Notes 11 Business Days after the Maturity Date.
Subject to APRA approval, and written notice to ASX and
Noteholders by 15 April, Issuer may redeem Notes on 15 July
2004 and each anniversary thereof up to the Maturity Date.
The Face Value of the Notes must be repaid to Noteholders 11 Business
Days after an Early Redemption Date.
Subject to APRA approval,
the Issuer reserves the right to repurchase or cancel any Notes. |
| Interest rate: |
From Issue Date up to and including 15 July 2004
- 8.40% p.a. paid quarterly in arrears.
From 16 July 2004 until 15 July 2009 - 90 Day Bank
Bill Rate + 1.25 % reset quarterly in advance. |
| Interest payment dates: |
Interest calculation dates: 15 January, 15 April,
15 July, 15 October, the Maturity Date and the Early Redemption Date.
Interest Payment will be 11 business days after relevant interest
calculation date. |
| Books close Date (Record Date): |
The Record Date is at the close of business 11 business days prior
to the Interest Payment Date.
The securities are marked 'ex-interest' for SEATS trading purposes
on the open of business 4 days prior to the Record Date. These dates
can be subject to change, and consequently should be confirmed by
contacting your broker, the Issuer or the Issuer's registrar. |
| Winding up: |
Securities rank behind all other unsubordinated creditors,
but ahead of the Bank’s shareholders. |
| Further Details: |
Please refer to full prospectus dated 30 April 1997. |
