RNS No 3045k
BANK OF WESTERN AUSTRALIA LTD
5th August 1998

TO COMPANY ANNOUNCEMENTS OFFICE

BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.

CHF 75,000,000 SERIES 3126 DUE 6 AUGUST 1999
XS0089740558

PLEASE BE ADVISED THAT WE HAVE SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 1.99219 PCT PER
ANNUM FOR THE PERIOD FROM 06AUG98 TO 06NOV98

INTEREST PAYABLE VALUE 06NOV98 WILL AMOUNT TO
CHF 5,091.15 PER CHF 1,000,000.00 NOTE.

PAUL YARDE          CITIBANK N.A.
GLOBAL AGENCY AND TRUST SERVICES
0171 508 3858


END

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