GMAC Australia (Fin) - FRN Variable Rate Fix

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RNS Number:0959H
GMAC,Australia(Finance)Ld
10 March 2000

RE:      GMAC AUSTRALIA (FINANCE) BV
         USD 50,000,000 EMTN
         MATURING MARCH 2003
         ISIN: XS0085157609


PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
06MAR00 TO 06JUN00 HAS BEEN FIXED AT 6.55 PCT.

INTEREST PAYABLE VALUE 06JUN00 WILL AMOUNT TO
USD  818.75 PER USD 50,000 DENOMINATION.
-----------------------------------------------------------

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



RATE FIX DESK 
CITIBANK N.A. LONDON


END

RC URRNRROROAAR

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