RNS Number:5008O
New Zealand
27 July 2000

FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE:      27 July 2000


Application has been made to the UK Listing Authority for the following
securities to be admitted to the Official List.

______________________________________________________________________________


DETAILS OF ISSUE:         US$3,000,000,000 Euro Medium Term Note Programme
                          Annual Technical Update 
                         
ISSUER:                   Her Majesty the Queen in Right of New Zealand 

INCORPORATED IN:          -

GUARANTOR:                -

INCORPORATED IN:          -


Particulars relating to the issue may be obtained during usual business hours
for fourteen days from the date of this formal notice from:


Morgan Stanley & Co. International Limited
25 Cabot Square
Canary Wharf
London E14 4QA


In addition, a copy of the Particulars is available for inspection at the
Document Viewing Facility at the Financial Services Authority, 25 The North
Colonnade, London E14 5HS. 


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