RNS Number:0526S
GMAC,Australia(Finance)Ld
4 October 2000


RE:      GMAC AUSTRALIA (FINANCE) LTD
         JPY 1,000,000,000 EMTN
         DUE: 04 OCTOBER 2005
         ISIN: XS0118236701

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
04OCT00 TO 04JAN01 HAS BEEN FIXED AT 0.70 PCT PER ANNUM.

INTEREST PAYABLE VALUE 04JAN01 WILL AMOUNT TO:
JPY 8,944 PER JPY 5,000,000 DENOMINATION.
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IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK 
ON TEL: 44 207 508 3857 OR FAX:  44 207 508 3881.


RATE FIX DESK 
CITIBANK N.A. LONDON
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