BW20030402002072  20030402T160452Z UTC


( BW)(GMAC-AUSTRALIA-(FIN))(BH55) FRN Variable Rate Fix  

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--April 2, 2003--


RE: GMAC AUSTRALIA (FINANCE) LTD
    JPY 1,000,000,000 EMTN
    DUE: 04 OCTOBER 2005
    ISIN: XS0118236701

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
04APR03 TO 04JUL03 HAS BEEN FIXED AT 0.22 PCT PER ANNUM.

INTEREST PAYABLE VALUE 04JUL03 WILL AMOUNT TO:
JPY2,781 PER JPY 5,000,000 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 171 508 3855/3857 OR FAX: 44 171 508 3881

   Short Name: GMAC Australia (Fin)
   Category Code: RC
   Sequence Number: 00003578
   Time of Receipt (offset from UTC): 20030402T165211+0100

    --30--mh/uk*

    CONTACT: GMAC Australia (Finance) Limited 

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: GMAC Australia (Fin)

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