Sanwa Australia Fin. - FRN Variable Rate Fix

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RNS No 1151q
SANWA AUSTRALIA FINANCE LIMITED


To:    Company Announcements Office

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

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

ISIN NO:            XS0074886457
Issue Nominal:      5,000,000.00
Period:             21-SEP-98           To          21-DEC-98
Number of Days:     91
Rate:               6                   PCT
Denomination:       100,000.00
Amount Payable      
Per Denomination:   1,516.67


From:
Jane Slate 
Global Trust Services, 380B
Telephone           44 (0) 1202 34 1286
Facsimile           44 (0) 1202 34 7939


END


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