RNS No 3610b
BANK OF WESTERN AUSTRALIA LIMITED
12th November 1997

TO COMPANY ANNOUNCEMENTS OFFICE

BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.

USD 150,000,000 SERIES 3102 DUE 14 NOVEMBER 2001
XS0070773352

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 5.9375 PCT PER
ANNUM FOR THE PERIOD FROM 14NOV97 TO 17FEB98
INTEREST PAYABLE VALUE 17FEB98 WILL AMOUNT TO
USD 15.67 PER USD 1,000.00 NOTE.

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818
MORGAN GUARANTY TRUST CO LONDON

END

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