33JQ Arkle 1bs

RNS No 1965k
SANWA AUSTRALIA FINANCE LIMITED - SERIES 23
2 June 1999


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
26/05/99.

Issue:             SANWA AUSTRALIA FINANCE LIMITED - SERIES 23              
                   US$10,000,000 (MTN) FRN/FIXED DUE 28TH MAY 2009 

ISIN NO:           XS0097984719        Payment Date  31/08/1999
Issue Nominal USD: 10,000,000.00   
Period:            28/05/99       To        31/08/99
Number of Days:    95
Rate:              5.7825
Denomination USD:  1,000,000.00 
Amount Payable          
Per Denomination:  15,259.38


From:
Jane Slate                              Telephone  44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile  44 (0) 1202 34 7939


END

RC AUANKKWKNRAR

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