RNS Number:7081C
Sanwa Australia Finance Ld
16 December 1999

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
16-DEC-1999.

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-DEC-1999   To  21-MAR-2000  Payment Date  21-MAR-2000
Number of Days:    92
Rate:              7.04                    
Denomination USD:  1,000,000.00
Amount Payable
Per Denomination:  17,991.11

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

END

RC ANVBKKNKUAAA


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