RNS No 2063q
SANWA AUSTRALIA FINANCE LIMITED

To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on:
17-12-1998

Issue:              Sanwa Australia Finance (MTN) - Series 8
                    US$5,000,000 FRN/FIXED Due 19-3-2007

ISIN NO:            XS0074886457             Payment Date 19-3-1999
Issue Nominal USD:  5,000,000.00
Period:             21-12-1998  To  19-3-1999
Number of Days:     88
Rate:               5.72094 PCT
Denomination USD:   100,000.00
Amount Payable      
Per Denomination:   1.398.45


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


END

RC ABOVKWNKUAAA


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