14LL Municplty 43

RNS Number:3645E
GMAC,Australia(Finance)Ld
29 May 2001


RE: GMAC AUSTRALIA (FINANCE) LTD
    GBP 6,000,000 EMTN
    MATURITY: AUGUST 2003
    ISIN: XS0086004735

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 29MAY01 TO 28JUN01 HAS BEEN FIXED AT 5.35125 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 28JUN01 WILL AMOUNT TO:
GBP 439.83 PER GBP 100,000 DENOMINATION.
------------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
44 207 508 3857 OR FAX 44 207 508 3881.


RATE FIX DESK
CITIBANK N.A. LONDON

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