April 13 (Reuters) - ANZ Bank New Zealand Ltd:
* ANB TO ISSUE 3 BILLION ORDINARY SHARES TO ITS IMMEDIATE SHAREHOLDER ANZ HOLDINGS NZ LTD AT AN ISSUE PRICE OF NZ$1.00 PER SHARE
* ANB WILL ALSO PAY NZ$3 BILLION OF DIVIDENDS ON ITS ORDINARY SHARES TO ANZH AT TIME OF SHARE ISSUES
* DIVIDENDS WILL REDUCE ANB'S RETAINED EARNINGS BY NZ$3 BILLION