RNS No 7643f
BANK OF WESTERN AUSTRLIA LIMITED
17th August 1998


TO COMPANY ANNOUNCEMENTS OFFICE

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 5.6375 PCT PER
ANNUM FOR THE PERIOD FROM 19AUG98 TO 19NOV98.

INTEREST PAYABLE VALUE 19NOV98 WILL AMOUNT TO
USD 1,440.69 PER USD 100,000.00 NOTE.

PAUL YARDE     CITIBANK N.A.
GLOBAL AGENCY AND TRUST SERVICES
0171 508 3858


END

RC ABUNKWUKWAAR
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