RNS No 9224k
SANWA AUSTRALIA FINANCE LIMITED
12 August 1999


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on 
12/08/99.

Issue:           SANWA AUSTRALIA FINANCE (MTN) - SERIES 11
                 US$5,000,000 FRN/FIXED DUE 15/5/2007

ISIN NO:         XS0076458727           Payment Date  15-NOV-1999
Issue Nominal USD:      5,000,000.00
Period:                 16/08/99       To        15/11/99
Number of Days:         91
Rate:                   6.0525          PCT
Denomination USD:       100,000.00
Amount Payable          
Per Denomination:       1,529.94


From:
Jane Slate                              Telephone  44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile  44 (0) 1202 34 7939


END


RC AUASKKBKWAAR


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