33JQ Arkle 1bs

RNS No 4037k
SANWA AUSTRALIA FINANCE LIMITED
13th May 1998 



To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
13-MAY-98.

Issue:              Sanwa Australia Finance (MTN) - Series 11
                    US$ 5,000,000 FRN/FIXED Due 15/5/2007
                    
ISIN NO:            XS0076458727
Issue Nominal:      $5,000,000
Period:             15-May-98           To    17-Aug-98
Number of Days:     94
Rate:               6.29141             PCT
Denomination:       $100,000
Amount Payable      
Per Denomination:   $1,642.76


From:
John Patten
Global Trust Services, 380B
Telephone           44 (0) 1202 347935
Facsimile           44 (0) 1202 347939


END

RC AORSKWSKVAAR

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