RNS Number:4553B
Sanwa Australia Finance Ld
25 November 1999


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on:
25-NOV-1999

Issue:               SANWA AUSTRALIA FINANCE LIMITED - SERIES 23
                     US$10,000,000 (MTN) FRN/FIXED DUE 28TH MAY 2009
ISIN NO:             XS0097984719           Payment Date   28-FEB-2000
Issue Nominal USD:   10,000,000.00
Period:              29-NOV-1999     To      28-FEB-2000
Number of Days:      91
Rate:                6.84625                    PCT
Denomination USD:    1,000,000.00
Amount Payable
Per Denomination:    17,305.80

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

END

RC AVSOKKBKAUAA


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