48GH Investec Bnk 24

RNS No 9454w
BANK OF WESTERN AUSTRALIA LIMITED
28th July 1998


TO:  COMPANY ANNOUNCEMENTS OFFICE

BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
ISSUE OF CHF 50,000,000 SERIES 3123 DUE APRIL 1999
XS0086370672
PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 2.04688 PCT PER
ANNUM FOR THE PERIOD FROM 30JLY98 TO 30OCT98
INTEREST PAYABLE VALUE 30OCT98 WILL AMOUNT TO
CHF 523.09 PER CHF 100,000.00 NOTE.

FROM:  IAN WOODWARD
       GLOBAL AGENCY AND TRUST SERVICES - CITIBANK NA
       0171 508 3853


END

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