77KM Ab Inbev 23

RNS 3773w
HOUSING & COMMERCIAL BANK, KOREA
31 MARCH 1998


Letter to:  Company Announcements Dept
            London Stock Exchange

  
RIGHTS OFFERING

Please be informed that the final subscription price has been fixed at KRW 6,700
on March 30, 1998.  A lot of subscription will be hopefully expected


From:   Kwan Woo Lee, Manager
        Funds Management & Accounting Dept.


End

MSCUBUUWCBGRUQG

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