Sanwa Australia Fin. - FRN Variable Rate Fix

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RNS No 4039n
SANWA AUSTRALIA FINANCE LIMITED


To:    Company Announcements Office

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

Issue:              SANWA AUSTRALIA FINANCE (MTN) - SERIES 9 
                    US$ 10,000,000 FRN/FIXED DUE 15/5/2007 
            
ISIN NO:            XS0076391712
Issue Nominal:      $10,000,000
Period:             15-May-98              To    17-Aug-98
Number of Days:     94
Rate:               6.09141             PCT
Denomination:       $100,000       
Amount Payable Per 
Denomination:       $1,590.53   


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


END

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