RNS Number:0207N
GMAC,Australia(Finance)Ld
28 June 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 28JUN00 TO 31JUL00 HAS BEEN FIXED AT 6.2175 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 31JUL00 WILL AMOUNT TO:
GBP 562.13 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 UWARRRURNUUR
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