34JE Sg Issuer 26

RNS No 0789c
DEPFA BANK EUROPE PLC
24th November 1998


RE.DEPFA BANK EUROPE PLC SERIES NO 254 USD 100MN
DUE 11/99
COMMON CODE. 92449643
INTEREST PERIOD. 24NOV98 TO 24FEB99
INTEREST RATE SET. 5.25     PER CENT
INTEREST PAYABLE PER DENOMINATION OF USD 1,000.00
IS USD 13.42 USD 10,000.00 IS USD 134.20 USD
100,000.00 IS USD 1,342.00
INTEREST PAYABLE DATE.24FEB99

GEORGE AMANSHIA
CORPORATE TRUST AND AGENCY GROUP
TEL. +44 171 982 1511/1916
FAX. +44 171 982 2156

BANKERS TRUST COMPANY LONDON


END

RC PBGRUGBGRGQC

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