12NP Sant Uk. 27

RNS No 5852b
CITY OF GOTHENBURG
16 September 1999


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on 
16/09/99.

Issue:              CITY OF GOTHENBURG (MTN)
                    EUR125,000,000 FRN DUE 18/03/2002

ISIN NO:            XS0095551536
Issue Nominal EUR:  125,000,000.00
Period:             20/Sep/99   To    20/Dec/99       Payment Date 20 Dec 1999
Number of Days:     91     
Rate:               2.64
Denomination EUR:   10,000.00
Amount Payable          
Per Denomination:   66.73  

From:
Jane Slate                              Telephone  44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile  44 (0) 1202 34 7939


END

RC ANRVKKSKKAAR

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