RNS No 4114f
SANWA INTERNATIONAL PLC
1st December 1998


Re Permanent Dealer

Re:  Sanwa Australia Finance Limited ("SAF")
     Sanwa International Finance Limited ("SIF")
     Sanwa International plc ("SIL") (together the "Issuers")
     Guaranteed by The Sanwa Bank, Limited (the "Guarantor")
     U.S.$1,000,000,000 Euro Medium Term Note Programme (the "Programme")

Termination of the appointment of Sanwa Bank (Deutschland) Aktiengessellschaft
as Deutschmark Arranger and Dealer under the Programme

Please be advised in accordance with Clause 10 of the Dealer Agreement dated 6th
November, 1996 in relation to the above programme, that Sanwa Bank
(Deutschland) Aktiengesellschaft ("SBD") shall terminate its appointment under
the Programme as a Permanent Dealer and Deutschmark Arranger with effect from
31st December, 1998.

END

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