RNS No 6822n
BANK OF WESTERN AUSTRALIA
28th April 1998

BANK OF WESTERN AUSTRALIA

PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
CHF 50,000,000 SERIES 3123 DUE APRIL 1999

XS0086370672

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 1.49609 PCT PER
ANNUM FOR THE PERIOD FROM 30APR98 TO 30JUL98.

INTEREST PAYABLE VALUE 30JUL98 WILL AMOUNT TO
CHF 378.18 PER CHF 100,000.00 NOTE.

REGARDS
PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


END

RC AWVNKWBKSUAR
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