RNS Number:1298Z
Suncorp-Metway Limited
25 July 2002


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

Issue             :  Suncorp-Metway Limited - Series 1
                     US$350,000,000 (MTN) FRN Due 28/10/2002
ISIN Number       :  XS0081372855
Issue Nominal USD :  350,000,000.00
Period            :  29-Jul-2002  To  28-Oct-2002    Payment Date  28-Oct-2002

Number of Days    :  91
Rate              :  1.9775
Denomination US   :  350,000,000.00
Amount Payable
Per Denomination  :  1,749,538.19

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
END
RC PUUWWMUPPGCA

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