RNS No 4538p
SANWA AUSTRALIA FINANCE LIMITED
10th August 1998

To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
10-08-98.

Issue:              Sanwa Australia Finance (MTN) - Series 13
                    US$ 100,000,000 FRN due 12/11/1998
                    

ISIN NO:            XS0081929795   
Issue Nominal:      100,000,000.00
Period:             12-Aug-98          To          12-Nov-98
Number of Days:     92
Rate:               5.6875              
Denomination:       1,000,000.00
Amount Payable      
Per Denomination:   14,534.72


From:
Jane Slate 
Global Trust Services, 380B
Telephone           44 (0) 1202 341286
Facsimile           44 (0) 1202 347939


END

RC ARUOKWNKWAAR


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