Adelaide Bank Limited

Adelaide Bank Limited (ASX: ADB) and BEN Merger Announcement - Mr Jamie McPhee, CEO of (ASX: ADB) and Mr Rob Hunt, CEO of BEN; Adelaide Bank Limited (ASX: ADB) present the following audio webcast regarding "ADB and BEN Merger Announcement". You may also download this audio webcast to your computer or portable audio player.

Adelaide Bank (ASX: ADB) is on track to achieve its stated targets for 2005-06 after a good first quarter, fueled by a strong performance by its margin lending, portfolio funding and business lending activities and underpinnned by a steady performance in residential lending.