48GH Investec Bnk 24

RNS No 5953n
BANK OF WESTERN AUSTRALIA
28th September 1998

TO:    COMPANY ANNOUNCEMENTS OFFICE

RE:BANK OF WESTERN AUSTRALIA
USD 10,000,000,000 EURO MEDIUM TERM NOTE PROGRAMME
GBP 7,000,000 SERIES 3119 EMTN DUE MARCH 1999
ISSUE DATE: 26 MARCH 1998
ISIN: XS0085832771
---------------------------------------------------------

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
28SEP98 TO 29DEC98 HAS BEEN FIXED AT 7.35109 PCT.

INTEREST PAYABLE VALUE 29DEC98 WILL AMOUNT TO:
GBP 1,852.88 PER GBP 100,000 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.

FROM:
RATEFIX DESK
CITIBANK N.A., LONDON

END


RC AKAUKWRKKURR

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