RNS No 5545t
SANWA AUSTRALIA FINANCE LTD
17th March 1998


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
17-MAR-98.

Issue:              SANWA AUSTRALIA FINANCE (MTN) - SERIES 8
                    US $5,000,000 FRN/FIXED DUE 19/3/2007

ISIN NO:            XS0074886457
Issue Nominal:      $5,000,000
Period:             19-MAR-98           To    19-JUN-98
Number of Days:     92
Rate:               6.1875              PCT
Denomination:       $100,000
Amount Payable      
Per Denomination:   $1,581.25


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


END

RC ABAOKWOKOAAR


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