RNS No 4045n
BANK OF WESTERN AUSTRALIA LIMITED
24th June 1998



TO: COMPANY ANNOUNCEMENTS OFFICE

BANK OF WESTERN AUSTRALIA
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
NLG30,000,000 SERIES 3120 DUE MARCH 1999
XS0085832342

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 3.5425   PCT PER
ANNUM FOR THE PERIOD FROM 26JUN98 TO 28SEP98

INTEREST PAYABLE VALUE 28SEP98 WILL AMOUNT TO
NLG924.99 PER NLG100,000 NOTE.

CHRISTINE MIRANDA
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


END

RC ASANKWKKNUAR
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