RNS No 5320e
YASUDA TRUST ASIA PACIFIC LIMITED


                    YASUDA TRUST ASIA PACIFIC LIMITED

            Guaranteed as to payment of principal and interest by
                The Yasuda Trust and Banking Company, Limited

                                    and

                         YTB Finance (Aruba) A.E.C.
 Guaranteed on a subordinated basis as to payment of principal and interest by

                 The Yasuda Trust and Banking Company, Limited

                               Y300,000,000,000
          Guaranteed Euro Medium Term Note Programme (the "Programme")
for the issue of Senior Notes due from one year from the date of original issue
  and/or the issue of Subordinated Notes due from five years from the date of
                                 original issue
   and/or the issue of Subordinated notes without a specified maturity date


A copy of the above is available for inspection from the Company Announcements
office of the Stock Exchange, London.

END

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