RNS Number:9538X
Itochu Finance(Europe)PLC
26 January 2001


RE: ITOCHU FINANCE (EUROPE) PLC
    USD 21,000,000 EURO MEDIUM TERM NOTE PROGRAMME
    MATURING 23 JANUARY 2002
    ISIN: XS0073362922

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
29JAN01 TO 27JUL01 HAS BEEN FIXED AT 5.40375 PCT.

INTEREST PAYABLE VALUE 27JUL01 WILL AMOUNT TO
USD 2,686.86 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



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