Bank of Western Aus. - FRN Variable Rate Fix

RNS No 3627q
BANK OF WESTERN AUSTRALIA LIMITED
23rd September 1998


BANK OF WESTERN AUSTRALIA
USD 300 MILLION UNDATED FLOATING
RATE NOTES EXCHANGEABLE INTO DATED FLOATING RATE NOTES
.
IN ACCORDANCE WITH THE PROVISIONS OF THE NOTES, WE CONFIRM DETAILS
FOR THE NEW INTEREST PERIOD FOR THE ABOVE FRN ISSUE AS FOLLOWS:
.
1.     UNDATED NOTES
.
INTEREST RATE:          5.5375 PCT PER ANNUM
INTEREST PERIOD:        24 SEPTEMBER 1998 TO 24 MARCH 1999
.
INTEREST AMOUNT DUE
24 MARCH 1999
PER USD  10,000 NOTE    USD   278.41
PER USD 250,000 NOTE    USD 6,960.33
.
.
2.     DATED NOTES
.
INTEREST RATE:          5.375 PCT PER ANNUM
INTEREST PERIOD:        24 SEPTEMBER 1998 TO 24 MARCH 1999
.
INTEREST AMOUNT DUE
24 MARCH 1999
PER USD  10,000 NOTE    USD   270.24
PER USD 250,000 NOTE    USD 6,756.08
.
PUBLICATION OF THE INTEREST RATE NOTICE IS TO APPEAR IN THE
FINANCIAL TIMES AND LUXEMBURGER WORT ON 24 SEPTEMBER 1998.
.
MORRIS D'ALOIA, AGENCY SERVICES
CREDIT SUISSE FIRST BOSTON (EUROPE) LTD
C/O CREDIT SUISSE FIRST BOSTON, LONDON BRANCH
FACSIMILE: 0171 888 8398 / PHONE: [phone]


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