RNS No 2031w
PACIFIC DUNLOP LIMITED

FROM:  29.08.97

JPY 1,000,000,000 FIXED RATE NOTES DUE 29.08.00

FULLY PAID

(REPRESENTED BY NOTES TO BEARER OF JPY 100,000,000 EACH)

ISSUE PRICE         -         100%

ISSUER              -         J P MORGAN

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END
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