52LR Sthn.pac.42a2aa

RNS No 8407w
BENDIGO BANK LIMITED
11th September 1998


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
09-Jun-98.

Issue:              Bendigo Bank Ltd (MTN)
                    US$100,000,000 FRN DUE 11/6/2001

ISIN NO:            XS0087895255
Issue Nominal:      $100,000,000
Period:             11-Jun-98           To          11-Sep-98
Number of Days:     92
Rate:               6.0625              PCT
Denomination:       $1,000                        $10,000     $100,000
Amount Payable      
Per Denominations:  $15.49                        $154.93     $1,549.31


From:
Jane Slate 
Global Trust Services, 380B
Telephone           44 (0) 1202 341286
Facsimile           44 (0) 1202 347939


END


RC ALLFFARILLAT

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