RNS No 6618u
DEPFA BANK EUROPE PLC
13th November 1998


RE:DEPFA

PLEASE BE ADVISED THAT THE ISSUER HAS REPURCHASED AND CANCELLED
USD 20.300.000  OF THE ABOVE ISSUE VALUE 161198   . THE OUTSTANDING
UNDER THIS ISSUE ARE NOW USD 198.000.000, PLEASE AMEND YOUR RECORDS
ACCORDINGLY.


TRACEY EVANS
CORPORATE TRUST AND AGENCY SERVICES
TEL 44 171 982 1982

BANKERS TRUST COMPANY LONDON

END

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