RNS No 8087w
GMAC AUSTRALIA (FINANCE) LTD
8 October 1999

RE:      GMAC AUSTRALIA (FINANCE) LTD
         USD 20,000,000 SERIES 57 EMTN
         MATURING 10 JULY 2000
         ISIN: XS0072135907


PLEASE BE ADVISED THAT WE HAVE SET THE RATE FOR THE PERIOD
FROM 12OCT99 TO 10JAN00 AT 6.26625  PERCENT PER ANNUM.

THE INTEREST PAYABLE VALUE 10JAN00 WILL BE:
USD 1,566.56  PER USD 100,000 DENOMINATION.
--------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK
ON TEL: 44 171 508 3855/3857 OR FAX:  44 171 508 3881.


RATE FIX DESK
CITIBANK N.A. LONDON


END

RC AWSBKKOKRRAA
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