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Announcement to ASX re Distribution

03-Mar-1998



We refer to the Appendix 4B Half Yearly Report and Press Release issued on 27 February 1998 and advise the entitlement to the distribution payable from BIPT on 31 March 1998 as follows:

ASX Code             Distribution
THG                       2.5 cents
THGND                  1.68 cents


We confirm the Book Close Date for this distribution is 23 March 1998.

Please provide us with your confirmation of release announcement.

Yours faithfully,



Andrew Horne
Group Company Secretary