12NP Sant Uk. 27

RNS No 9293v
GOTHENBURG (CITY OF)


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
16/06/99.

Issue:                  CITY OF GOTHENBURG (MTN)
                        EUR125,000,000 FRN DUE 18/03/2002

ISIN NO:                XS0095551536                   Payment Date 20/09/1999
Issue Nominal EUR:      125,000,000.00
Period:                 18/06/1999     To        20/09/1999
Number of Days:         94
Rate:                   2.578               
Denomination EUR:       10,000.00
Amount Payable          
Per Denomination:       67.31


From:
Jane Slate                              Telephone  44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile  44 (0) 1202 34 7939


END


RC ANVUKKKKNAAR

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