RNS No 2481q
BANK OF WESTERN AUSTRALIA LD
28th August 1998


TO:  COMPANY ANNOUNCEMENTS OFFICE

BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
USD 7,000,000 SERIES 3105 EMTN DUE 02 MAY 2002
XS0076050565
PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 5.70453 PCT PER
ANNUM FOR THE PERIOD FROM 02SEP98 TO 02OCT98.
INTEREST PAYABLE VALUE 02OCT98 WILL AMOUNT TO
USD 4,753.78 PER USD 1,000,000 NOTE.

FROM:  CRAIG HOEPFL
       GLOBAL AGENCY AND TRUST SERVICES
       CITIBANK N.A. 0171-508 3857

END

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