RNS Number:0490A
Suncorp-Metway Limited
15 August 2002


As Agent Bank, please be advised of the following rate determined on: 
15-Aug-2002.

Issue             :  Suncorp-Metway Limited - Series 16
                     US$300,000,000 FRN (MTN) due 18/2/2003
ISIN Number       :  XS0107921008
Issue Nominal USD :  300,000,000.00
Period            :  19-Aug-2002  To  18-Nov-2002    Payment Date  18-Nov-2002 
Number of Days    :  91
Rate              :  1.9575 
Denomination USD  :  300,000,000.00
Amount Payable
Per Denomination  :  1,484,437.50

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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