May 17 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX :
* ANZ AGREES TO SELL ITS STAKE IN CAMBODIAN JV ANZ ROYAL BANK
* 55 PCT STAKE IN CAMBODIAN JV TO BE SOLD TO JAPAN'S J TRUST
* DEAL TO RESULT IN A$30 MILLION LOSS ON SALE COMPLETION FOR ANZ
* TRANSACTION APPROVED BY ROYAL GROUP
* TRANSACTION REMAINS SUBJECT TO FINAL REGULATORY APPROVAL FROM NATIONAL BANK OF CAMBODIA AND MINISTRY OF COMMERCE
* WILL CONTINUE TO OWN ITS 55 PCT STAKE & MANAGE ANZ ROYAL BUSINESS FOR UP TO 12 MONTHS