RNS No 3719x
SANWA AUSTRALIA FINANCE LIMITED


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
17/03/1999.

Issue:              SANWA AUSTRALIA FINANCE LIMITED - SERIES 21
                    US$20,000,000 (MTN) FRN/FIXED DUE 19/03/2009

ISIN NO:            XS0095527742        Payment Date 21/06/1999
Issue Nominal USD:  20,000,000.00
Period:             19/03/1999          To        21/06/1999
Number of Days:     94  
Rate:               5.9                 PCT
Denomination USD:   1,000,000.00
Amount Payable          
Per Denomination:   15,405.56


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


END


RC AKVRKKOKOAAR


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