GMAC Australia (Fin) - FRN Variable Rate Fix

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RNS Number:0866I
GMAC,Australia (Finance) Ld
28 March 2000


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 28MAR00 TO 28APR00 HAS BEEN FIXED AT  6.07484 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 28APR00 WILL AMOUNT TO:
GBP  515.95  PER GBP 100,000 DENOMINATION.
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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 UWSBRRRROUAR

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