RNS No 6249u
SANWA AUSTRALIA FINANCE LIMITED


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on 
16/09/99.

Issue:  SANWA AUSTRALIA FINANCE LIMITED - SERIES 21
        US$20,000,000 (MTN) FRN/FIXED DUE 19/03/2009
                    
ISIN NO:  XS0095527742               
Issue Nominal USD:  20,000,000.00
Period:          20/09/99   To    20/12/99      Payment Date   20-DEC-1999
Number of Days:  91     
Rate:  6.4125                           PCT
Denomination USD:  1,000,000.00
Amount Payable          
Per Denomination:  16,209.38


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


END


RC ANVWKKUKKAAR


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