RNS No 6386w
SANWA AUSTRALIA FINANCE
8th September 1998


To:    Company Announcements Office

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

Issue:              SANWA AUSTRALIA FINANCE (MTN) SERIES 12
                    US$10,000,000 FRN/FIXED DUE 10/9/2007

ISIN NO:            XS0079754494
Issue Nominal:      10,000,000.00
Period:             10-SEP-98           To          10-MAR-98
Number of Days:     181
Rate:               6.03125             PCT
Denomination:       USD 100,000.00
Amount Payable      3,032.38
Per Denomination:   


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


END


RC AWUOKWUKKRAR
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