99HV York Wtr Fin 29

RNS Number:8471H
Nichimen Europe PLC
23 March 2000

TO COMPANY ANNOUNCEMENTS OFFICE

RE:        NICHIMEN EUROPE PLC
           JPY 500,000,000 SERIES 60 EMTN
           DUE 25 MARCH 2002
           ISIN: XS0074948828
         

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
27MAR00 TO 25SEP00 HAS BEEN FIXED AT 0.48875 PCT.

INTEREST PAYABLE VALUE 25SEP00 WILL AMOUNT TO
JPY 247,090 PER JPY 100,000,000 DENOMINATION.
-----------------------------------------------------------

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


ISSUER SERVICES
CITIBANK N.A. LONDON

END
RC JJMPTMMJTBBM

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