RNS Number:7270J
NBNZ International Ld
07 April 2003

Pricing Supplement

Issuer:                                      NBNZ International Limited
Series Number:                               28
Description:                                 HKD80,000,000 3.93 per cent
Currency/ Principal Amount:                  Hong Kong Dollars ("HKD")
Issue Price:                                 100 per cent
Specified Denomination                       HKD1,000,000
Issue Date:                                  3 April 2003
Maturity Date:                               3 April 2008
ISIN:                                        XS0166008143

     A copy of the above document has been submitted to the UK Listing Authority
      and will shortly be available for inspection at the UK Listing Authority's
                                Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade Canary Wharf
London
E14 5HS

Tel. no. (0)20 7676 1000

(Documents will normally be available for inspection within six normal
business hours of this notice being given).


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