FRN Variable Rate Fix

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FRN Variable Rate Fix

RNS Number:3187M
GMAC,Australia(Finance)Ld
29 October 2001


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
29OCT01 TO 28NOV01 HAS BEEN FIXED AT 4.52938 PCT PER ANNUM.

THE COUPON AMOUNT DUE 28NOV01 WILL AMOUNT TO:
GBP 372.28 PER GBP 100,000 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
44 207 508 3857 OR FAX 44 207 508 3881.


RATE FIX DESK
CITIBANK N.A. LONDON

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