BW20030328002075  20030328T180155Z UTC


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

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--March 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
28MAR03 TO 28APR03 HAS BEEN FIXED AT 3.79625 PCT PER ANNUM

THE COUPON AMOUNT DUE 28APR03 WILLAMOUNT TO:
GBP 322.42 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

   Short Name: GMAC Australia (Fin)
   Category Code: RC
   Sequence Number: 00003453
   Time of Receipt (offset from UTC): 20030328T175657+0000

    --30--RA/uk*

    CONTACT: GMAC Australia (Finance) Limited

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: GMAC Australia (Fin)
Today's News On The Net - Business Wire's full file on the Internet
                          with Hyperlinks to your home page.
                          URL: http://www.businesswire.com