78JC Ashtead 27

RNS No 7347e
MITSUBISHI CHEMICAL (U.K) PLC
24 May 1999


TO: COMPANY ANNOUNCEMENTS

RE:MITSUBISHI CHEMICAL
JPY 500,000,000 SERIES 41 EMTN
DUE NOVEMBER 2007
ISSUE DATE: 26 NOVEMBER 1997
ISIN: XS0082361279

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
26 MAY 99 TO 26 NOV 99 HAS BEEN FIXED AT 4.3775 PCT.

INTEREST PAYABLE VALUE 26 NOV 99 WILL AMOUNT TO :
JPY 2,237,388.89 PER JPY 100,000,000 DENOMINATION.
-------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.


FROM: RATEFIX DESK
      CITIBANK N.A., LONDON

END

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