RNS No 1963h
BANK OF WESTERN AUSTRALIA LIMITED
27th March 1998


BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
NLG 30,000,000 SERIES 3120 DUE MARCH 1999
XS0085832342

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 3.44875 PCT PER
ANNUM FOR THE PERIOD FROM 26MAR98 TO 26JUN98
INTEREST PAYABLE VALUE 26JUN98 WILL AMOUNT TO
NLG 881.35 PER GBP 100,000 NOTE.


FROM:CHRISTINE MIRANDA
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818

END

RC ABRBKWRKOUAR
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