Bank of Western Aus. - FRN Variable Rate Fix

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RNS No 3438b
BANK OF WESTERN AUSTRALIA
29th January 1998


BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
ISSUE OF
USD 7,000,000 SERIES 3105 DUE MAY 2002
XS0076050565.

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 5.685 PCT PER
ANNUM FOR THE PERIOD FROM 02FEB98 TO 02MAR98
INTEREST PAYABLE VALUE 02MAR98 WILL AMOUNT TO
USD 4,421.67 PER USD 1,000,000 NOTE.

REGARDS
PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818

END

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