RNS Number:7658O
GMAC,Australia(Finance)Ld
31 July 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 28JUL00 TO 29AUG00 HAS BEEN FIXED AT 6.18625 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 29AUG00 WILL AMOUNT TO:
GBP 542.36 PER GBP 100,000 DENOMINATION.
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IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
44 207 508 3857 OR FAX 44 207 508 3881.


RATE FIX DESK
CITIBANK N.A. LONDON
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