33JQ Arkle 1bs

RNS No 9955b
SANWA AUSTRALIA FINANCE LIMITED
29th October 1998


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
26th October 1998.

Issue:         SANWA AUSTRALIA FINANCE LIMITED - SERIES 18
               US$5,000,000 (MTN) FRN/FIXED DUE 28/7/2005

ISIN NO:       XS0089402316
Issue Nominal: USD 5,000,000.00
Period:        28 OCTOBER 1998   To 28 JANUARY 1999
Number of Days:92   
Rate:          5.81922                  PCT
Denomination:  USD 1,000,000.00
Amount Payable      
Per Denomination: 14,871.34


From:
Jane Slate 
Global Trust Services, 380B
Telephone           44 (0) 1202 341286
Facsimile           44 (0) 1202 347939


END

RC AKUNKWRKRUAA

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