BW20030320002111  20030320T182143Z UTC


( BW)(GMAC-AUSTRALIA-(FIN))(BH55) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--March 20, 2003--

RE: GMAC AUSTRALIA (FINANCE) LTD
    JPY 2,000,000,000 EMTN
    DUE: SEPTEMBER 2004
    ISIN: XS0135590668

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
24MAR03 TO 23JUN03 HAS BEEN FIXED AT 0.45563 PCT PER ANNUM

INTEREST PAYABLE VALUE 23JUN03 WILL AMOUNT TO:
JPY 115,173 PER 100,000,000 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3857 OR FAX: 44 20 7508 3881

   Short Name: GMAC Australia (Fin)
   Category Code: RC
   Sequence Number: 00003176
   Time of Receipt (offset from UTC): 20030320T173510+0000

    --30--ac/uk*

    CONTACT: GMAC Australia (Finance) Limited
 
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: GMAC Australia (Fin)
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