BW20030428002154  20030429T060703Z UTC


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

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--April 29, 2003--

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 28APR03 TO 28MAY03 HAS BEEN FIXED AT 3.78844 PCT PER ANNUM.

THE COUPON AMOUNT DUE 28MAY03 WILL AMOUNT TO 
GBP 311.38 PER GBP 100,000 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL: 44 20 7508 3857 OR FAX: 44 20 7508 3881.

RATE FIX DESK
CITIBANK N.A., LONDON

   Short Name: GMAC Australia (Fin)
   Category Code: RC
   Sequence Number: 00004367
   Time of Receipt (offset from UTC): 20030428T230316+0100

    --30--DB/ny

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

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