48GH Investec Bnk 24

RNS No 7077p
BANK OF WESTERN AUSTRALIA LD
14th August 1998


BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
ISSUE OF USD150,000,000 EMTN DUE 14 JANUARY 2001
ISIN XS0089826944
PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 5.75 PCT PER
ANNUM FOR THE PERIOD FROM 14AUG98 TO 16NOV98.
INTEREST PAYABLE VALUE 16NOV98 WILL AMOUNT TO
USD 15.01 PER USD 1,000, USD 150.14 PER USD 10,000
NOTE AND USD 1,501.39 PER USD 100,000 NOTE.

FROM     
PAUL YARDE
GLOBAL AGENCY AND TRUST SERVICES - CITIBANK NA
0171 508 3858


END

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