GMAC Australia (Fin) - FRN Variable Rate Fix

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RNS Number:6434B
GMAC,Australia(Finance)Ld
29 November 1999



RE:      GMAC AUSTRALIA (FINANCE) LTD
         GBP 6,000,000 EMTN
         MATURITY: AUGUST 2003
         ISIN: XS0086004735

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD   29NOV99 TO 29DEC99 HAS BEEN FIXED AT 5.54953 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 29DEC99 WILL AMOUNT TO:
GBP 456.13 PER GBP 100,000 DENOMINATION.
------------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
44 0171 508 3857 OR FAX 44 171 508 3881.


RATE FIX DESK
CITIBANK N.A. LONDON



END
RC AKUBKKWKAUAA

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