BW20030228002088  20030228T163326Z UTC


( BW)(GMAC-AUSTRALIA-(FIN))(BH55) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--Feb. 28, 2003--

RE: GMAC AUSTRALIA (FINANCE) LTD
    GBP 6,000,000 EMTN 
    MATURITY: AUGUST 2003
    ISIN: XS0086004735

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE PERIOD
28FEB03 TO 28MAR03 HAS BEEN FIXED AT 3.80625 PCT PER ANNUM

THE COUPON AMOUNT DUE 28MAR03 WILL AMOUNT TO: 
GBP 291.99 PER GBP 100,000 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL 44 20 7508 3857 OR FAX 44 20 7508 3881

RATE FIX DESK
CITIBANK N.A. LONDON

   Short Name: GMAC Australia (Fin)
   Category Code: RC
   Sequence Number: 00002423
   Time of Receipt (offset from UTC): 20030228T161122+0000

    --30--AC/ny*

    CONTACT: GMAC Australia (Finance) Limited
 
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: GMAC Australia (Fin)

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