01NC Rams Mtg.'a1'

RNS No 3861a
RAMS MORTGAGE CORPORATION LIMITED
29 April 1999


FORMAL NOTICE FOR SPECIALIST SECURITIES


PUBLICATION DATE:  29 APRIL 1999

Application has been made to the London Stock Exchange for the following
debt securities to be admitted to the Official List:
______________________________________________________________________________


DETAILS OF ISSUE:  US$125,000,000 Mortgage Backed Class A1 Floating Rate Notes
Due 2032
US $350,000,000 Mortgaged Backed Class A2 Floating Rate Notes Due 2032
US $25,000,000 Mortgaged Backed Class B Floating Rate Notes Due 2032

ISSUER:  RAMS Mortgage Corporation Limited

INCORPORATED IN: Australian Capital Territory, Australia

GUARANTOR:N/A

INCORPORATED IN: N/A



Particulars relating to the issue may be obtained during usual business hours
for fourteen days from the date of this formal notice from:

J P Morgan Securities Ltd
60 Victoria Embankment
London
EC3Y OJP


A copy of the particulars relating to the issue is also available for
inspection at the Courier Desk of the London Stock Exchange,(Throgmorton
Street Entrance) Stock Exchange Tower, Old Broad Street, London EC2N 1HP.



END

FN AWRNKKRKSUAR

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