RNS No 0267m
BANK OF WESTERN AUSTRALIA LIMITED
13th February 1998


BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
USD 150,000,000 SERIES 3102 DUE NOVEMBER 2001
XS0070773352

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 17FEB98 TO 14MAY98
INTEREST PAYABLE VALUE 14MAY98 WILL AMOUNT TO
USD 13.59 PER USD 1,000 NOTE.

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818

END

RC AOONKWOKUAAR
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