RNS No 4012t
BANK OF WESTERN AUSTRALIA LTD
7th January 1998


BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
DEM 125,000,000 SERIES 3115 DUE 09 JANUARY 2003
XS0083080712

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 3.75 PCT PER
ANNUM FOR THE PERIOD FROM 09JAN98 TO 09APR98
INTEREST PAYABLE VALUE 09APR98 WILL AMOUNT TO
DEM 937.50 PER DEM 100,000 NOTE.

REGARDS

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


END

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