Nov 16 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX :
* SHARES UP TO A VALUE OF APPROXIMATELY $199 MILLION ARE EXPECTED TO BE PURCHASED ON- MARKET TO SATISFY OBLIGATIONS
* MERRILL LYNCH EQUITIES (AUSTRALIA) APPOINTED TO EXECUTE ON- MARKET SHARE PURCHASE ITSELF
* ANZ DOES NOT INTEND TO PURCHASE SHARES IN RELATION TO CURRENT $3 BILLION BUYBACK DURING THIS PERIOD