Sanwa Australia Fin. - FRN Variable Rate Fix

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RNS No 6960r
SANWA AUSTRALIA FINANCE LIMITED
20th November 1997


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
20-NOV-97.

Issue:              SANWA AUSTRALIA FINANCE LIMITED US$50,000,000
                    GUARANTEED FLOATING/FIXED NOTES DUE MAY 2006

ISIN NO:            XS0066258517
Issue Nominal:      $50,000,000
Period:             24-NOV-97           To    26-MAY-98
Number of Days:     183
Rate:               6.40625             PCT
Denomination:       $100,000
Amount Payable      
Per Denomination:   $3,256.51


From:
John Patten
Global Trust Services, 380B
Telephone           44 (0) 1202 347935
Facsimile           44 (0) 1202 347939


END


RC ARAOKBKKAUAA

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