RNS No 7002v
BANK OF WESTERN AUSTRALIA LIMITED
14th January 1998


BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
ISSUE OF USD 250,000,000 SERIES 3110 DUE JULY 2002
XS0077891900.

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 5.6875 PCT PER
ANNUM FOR THE PERIOD FROM 16JAN98 TO 16APR98.
INTEREST PAYABLE VALUE 16APR98 WILL AMOUNT TO
USD 14.22 PER USD 1,000 NOTE.

REGARDS

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


END

RC ASRWKWOKAAAR
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