RNS No 0384d
SANWA AUSTRALIA FINANCE LIMITED


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
17/06/99.

Issue:              SANWA AUSTRALIA FINANCE LIMITED - SERIES 21              
                    US$20,000,000 (MTN) FRN/FIXED DUE 19/03/2009

ISIN NO:            XS0095527742     Payment Date  20/09/1999
Issue Nominal USD:  20,000,000.00      
Period:             21/06/99         To        20/09/99
Number of Days:     91
Rate:               6.07375
Denomination USD:   1,000,000.00
Amount Payable          
Per Denomination:   15,353.09


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


END

RC AWAAKKWKNAAR


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