Sanwa Australia Fin. - FRN Variable Rate Fix

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RNS No 1580w
SANWA AUSTRALIA FINANCE LD


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
13/05/99.

Issue:              SANWA AUSTRALIA FINANCE (MTN) - SERIES 9
                    US$10,000,000 FRN/FIXED DUE 15/5/2007

ISIN NO:            XS0076391712       Payment Date  16/08/1999
Issue Nominal USD:  10,000,000.00
Period:             17/05/99       To        16/08/99
Number of Days:     91  
Rate:               5.4                 
Denomination USD:   100,000.00
Amount Payable          
Per Denomination:   1,365.00

From:
Jane Slate                              Telephone  44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile  44 (0) 1202 34 7939


END

RC AOASKKAKVAAR

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