RNS No 6558e
ADVANCE BANK AUSTRALIA LIMITED
26 October 1999


RE: ADVANCE BANK AUSTRALIA LIMITED
    USD 300,000,000 EMTN  
    DUE OCTOBER 2000
    ISIN: XS0060880829

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
28OCT99 TO 28JAN00 HAS BEEN FIXED AT 6.35375  PCT.

INTEREST PAYABLE VALUE 28JAN00 WILL AMOUNT TO
USD 162.37  PER USD 10,000 DENOMINATION.
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IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.


RATEFIX DESK
CITIBANK N.A., LONDON

END

RC NFXEKAAKNFFN
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