RNS No 0032t
SANWA AUSTRALIA FINANCE LTD


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
17/06/99.

Issue:              SANWA AUSTRALIA FINANCE (MTN) - SERIES 1
                    US$20,000,000 FRN/FIXED DUE 20/12/2006

ISIN NO:            XS0072257768        Payment Date: 20/12/1999
Issue Nominal USD:  20,000,000.00
Period:                 21/06/99       To        20/12/99
Number of Days:     182 
Rate:               5.89                PCT
Denomination USD:   100,000.00
Amount Payable          
Per Denomination:   2,977.72

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


END


RC ABANKKAKNAAR


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