33JQ Arkle 1bs

RNS No 5976c
SANWA AUSTRALIA FINANCE LIMITED


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on 
26/08/99.

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

ISIN NO:            XS0097984719             
Issue Nominal USD:  10,000,000.00
Period:             31/08/99   To    29/11/99      Payment Date 29/11/99
Number of Days:     90     
Rate:               6.2325                PCT
Denomination USD:   1,000,000.00
Amount Payable          
Per Denomination:   15,581.25


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


END

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