48GH Investec Bnk 24

RNS No 5707v
BANK OF WESTERN AUSTRALIA
15 May 1998

BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
USD 100,000,000 SERIES 3117 DUE 19 FEBRUARY 1999
XS0084665990

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 5.64922 PCT PER
ANNUM FOR THE PERIOD FROM 19MAY98 TO 19AUG98.
INTEREST PAYABLE VALUE 19AUG98 WILL AMOUNT TO
USD 1,443.69 PER USD 100,000.00 NOTE.

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


END

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