RNS No 7211v
SANWA AUSTRALIA FINANCE LIMITED
31 August 1999


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on 
31/08/99.

Issue:              SANWA AUSTRALIA FINANCE LIMITED - SERIES 24
                    US$10,000,000 (MTN) FRN/FIXED DUE 2ND JUNE 2009
                    

ISIN NO:            XS0097984552             
Issue Nominal USD:  10,000,000.00
Period:             02/09/99   To    02/12/99      Payment Date 02/12/99
Number of Days:     91     
Rate:               6.42                  
Denomination USD:   1,000,000.00
Amount Payable          
Per Denomination:   16,228.33


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


END

RC AARVKKUKWOAR
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