48GH Investec Bnk 24

RNS No 1512n
BANK OF WESTERN AUSTRALIA LIMITED
17th September 1998


RE: BANK OF WESTERN AUSTRALIA
USD 10,000,000,000 EURO MEDIUM TERM NOTE PROGRAMME
DEM 300,000,000 SERIES 3118 EMTN DUE MARCH 2003
ISSUE DATE: 19 MARCH 1998
ISIN: DE0002305158
---------------------------------------------------------
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21SEP98 TO 21DEC98 HAS BEEN FIXED AT 3.59375 PCT.

INTEREST PAYABLE VALUE 21DEC98 WILL AMOUNT TO:

DEM 90.84 PER DEM 10,000 DENOMINATION.
DEM 908.42 PER DEM 100,000 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.

END

RC ABVKKWOKKAAR

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