RNS Number:0419W
Suncorp-Metway Limited
16 May 2002


As Agent Bank, please be advised of the following rate determined on: 
16-May-2002.

Issue             :  Suncorp-Metway Limited - Series 16
                     US$300,000,000 FRN (MTN) due 18/2/2003
ISIN Number       :  XS0107921008
Issue Nominal USD :  300,000,000.00
Period            :  20-May-2002  To  19-Aug-2002    Payment Date  19-Aug-2002 
Number of Days    :  91
Rate              :  2.11
Denomination USD  :  300,000,000.00
Amount Payable
Per Denomination  :  1,600,083.33

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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