BK52 Gemgart.23-1 73

    


New South Wales Treasury Corporation

New South Wales Treasury Corporation

                 8pct International Global Bonds Due March 2008

                   Exchangeable into NSW Treasury Corporation

                       Inscribed Stock 8pct due March 2008

                                  XS0074185827

Please be advised that the Issuer has repurchased AUD 842,000,000 of the above
issue for value 12.09.2007.

The new outstanding is AUD 2,076,939,000.

Please arrange for this to be reflected in your records.

Gemgart.23-1 73 (LSE:BK52)
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