RNS No 6341u
BANK OF WESTERN AUSTRALIA
6th April 1998

TO:   COMPANY ANNOUNCEMENTS OFFICE

BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
ISSUE OF
GBP 40,000,000 SERIES 3122 DUE APRIL 2003
XS0085847969

PLEASE BE ADVISED THAT WE HAVE SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 7.71328 PCT PER
ANNUM FOR THE PERIOD FROM 02APR98 TO 02JUL98
INTEREST PAYABLE VALUE 02JUL98 WILL AMOUNT TO
GBP 192.30 PER GBP 10,000 NOTE.

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

END


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