17JC Hungary 31 U

RNS Number:1962G
Itochu Finance(Europe)PLC
24 February 2000

RE: ITOCHU FINANCE (EUROPE) PLC
    USD 30,000,000 EURO MEDIUM TERM NOTE PROGRAMME
    MATURING 23 JANUARY 2002
    ISIN: XS0073362922

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
28FEB00 TO 27JUL00 HAS BEEN FIXED AT 6.22 PCT.

INTEREST PAYABLE VALUE 27JUL00 WILL AMOUNT TO
USD 2,591.67 PER USD 100,000 DENOMINATION.
-----------------------------------------------------------

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

RATEFIX DESK
CITIBANK N.A. LONDON

END

RC USSBRRRRUUAR

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