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Change in substantial holding from FIF

Document date:  Mon 26 Feb 2001
Published:  Mon 26 Feb 2001 14:11:14
Document No:  192128
Document part:  A
Market Flag:  N
Classification: 

WESFARMERS LIMITED                            2001-02-26  ASX-SIGNAL-G

HOMEX - Perth                                                         

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At 31 January 2001, The Franked Income Fund ("FIF") has a beneficial
interest in 135,812,708 ordinary shares in the capital of Wesfarmers
representing 49.977% of the ordinary shares on issue in that company.
This beneficial interest is held as to 4,573,212 shares representing
1.683% of the shares on issue directly and as to 131,219,496 shares
representing 48.294% of the shares on issue indirectly, through WFCL
Investments Pty Ltd ("Investments").

Gresham Partners Management Limited decreased its relevant interest
in Wesfarmers Limited on 20/10/2000, from 137,580,904 ordinary shares
(51.2312%) to 135,812,708 ordinary shares (49.977%).