BW20030226002011  20030226T083716Z UTC


( BW)(MITSUBISHI-TOKYO-FIN)(MTF) Miscellaneous

    Business Editors
    UK REGULATORY NEWS

    TOKYO--(BUSINESS WIRE)--Feb. 26, 2003--

                    Mitsubishi Tokyo Financial Group, Inc.


Application Submitted for Commencement of Corporate Rehabilitation
Proceedings by Huis Ten Bosch Co., Ltd: Eventual possibility of credit
losses


Tokyo, February 26, 2003---Mitsubishi Tokyo Financial Group, Inc.
(MTFG; President: Shigemitsu Miki) announced today that credit
provided by its subsidiaries The Bank of Tokyo-Mitsubishi, Ltd. (BTM)
and The Mitsubishi Trust and Banking Corporation (MTBC) to Huis Ten
Bosch Co., Ltd. (Huis Ten Bosch) eventually may not be repaid due to
the event described hereunder.

1.       Outline of Huis Ten Bosch

   (1) Address:          1-1 Huis Ten Bosch cho, Sasebo-shi, Nagasaki, Japan
   (2) President:        Michitake Moriyama
   (3) Capital:            Japanese yen 3,025 million
   (4) Business:           Theme park management

2.        Event and date of occurrence

   Huis Ten Bosch submitted an application for commencement of
   corporate rehabilitation proceedings to the Nagasaki District Court
   on February 26, 2003.

3.        Outstanding credit balances to Huis Ten Bosch

   BTM:                    Japanese yen 1,913 million
   MTBC:          Japanese yen 10,852 million

4.        Influence on MTFG's business forecast

   This event is not expected to have any material effect on MTFG's
previously announced business forecast for the current fiscal year.

For further information, please contact:
Masahiko Tsutsumi, Chief Manager, Public Relations Office
Tel: 81-3-3240-8136

   Short Name: Mitsubishi Tokyo Fin
   Category Code: MSC
   Sequence Number: 00002291
   Time of Receipt (offset from UTC): 20030226T083410+0000

    --30--sm/uk*

    CONTACT: Mitsubishi Tokyo Financial Group Inc

    KEYWORD: JAPAN UNITED KINGDOM INTERNATIONAL ASIA PACIFIC EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Mitsubishi Tokyo Financial Group Inc

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