The second AMC, sponsored by the Bank of New South Wales, later Westpac Banking Corporation, attracted over 102,000 students.

A total of 16 medals were identified, and these were presented at a function at the Canberra College of Advanced Education (later the University of Canberra) by Sir McFarlane Burnett.

The medallists were:

AMC Medallists from the Junior, Intermediate & Senior Divisions
NAME	SCHOOL		YR
FISHER Nicholas	Watson High School	ACT	8
HARTWIG Darryl	Concordia College	QLD	8
VERTIGAN Dirk	New Town Boys High School	TAS	8
FARMER James	Waratah High School	NSW	10
GADD Roger	Linwood High School	NZ	10
HOLLOWAY Daniel	New Town Boys High School	TAS	10
KNEEBONE Russell	Wangaratta High School	VIC	10
WEN Ai Soong	Casuarina High School	NT	10
WILSON Richard	The King's School	NSW	10
ANDERSON Malcolm	Canberra Grammar School	ACT	12
CHANTLER Christopher	Hollywood Senior High School	WA	12
GARSON Derek	Unley High School	SA	12
HOWES Tony	Brisbane Grammar School	QLD	12
MANN Gregory	Wesley College	VIC	12
MORLEY David	Melbourne Church of England Grammar School	VIC	11
ROBINSON Peter	Asquith Boys High School	NSW	12

(no perfect scores)

David Morley was to obtain medals also in 1978 and 1980 and a perfect score in 1980. A brief regime on his later career can be found on the 1980 page.