RNS Number:4950O
GMAC,Australia(Finance)Ld
26 July 2000


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

2ND AMENDMENT TO PAYMENT DATE AND AMOUNT PAYABLE - 2ND AMENDMENT TO 
PAYMENT DATE AND AMOUNT PAYABLE


THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 28JUN00 TO 28JUL00 HAS BEEN FIXED AT 6.2175 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 28JUL00 WILL AMOUNT TO:
GBP 511.03 PER GBP 100,000 DENOMINATION.
------------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
44 207 508 3857 OR FAX 44 207 508 3881.

FROM: RATE FIX DESK
      CITIBANK N.A. LONDON
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