Mitsubishi Chemical - FRN Variable Rate Fix

RNS No 1582a
MITSUBISHI CHEMICAL (UK) PLC
25th November 1998

TO:    COMPANY ANNOUNCEMENTS OFFICE

RE:    MITSUBISHI CHEMICAL
       YEN 500,000,000 SERIES 41 EMTN
       DUE  NOVEMBER 2007
       ISSUE DATE: 26 NOVEMBER 1997
       ISIN: XS0082361279

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE
FOR THE PERIOD 27NOV98 TO 26MAY99 HAS
BEEN FIXED AT 3.69874 PCT PER ANNUM.

THE COUPON AMOUNT DUE 26MAY99 WILL AMOUNT TO:
JPY 1,849,370  PER JPY 100,000,000 DENOMINATION.
---------------------------------------------------------------

RE:    MITSUBISHI CHEMICAL
       YEN 1,000,000,000 SERIES 30 EMTN
       DUE  NOVEMBER 2001
       ISSUE DATE: 26 NOVEMBER 1996
       ISIN: XS0071616386

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE
FOR THE PERIOD 27NOV98 TO 27MAY99 HAS
BEEN FIXED AT 2.54937 PCT PER ANNUM.

THE COUPON AMOUNT DUE 27MAY99 WILL AMOUNT TO:
JPY 1,281,767  PER JPY 100,000,000 DENOMINATION.
---------------------------------------------------------------
IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.

FROM:
RATEFIX DESK
CITIBANK N.A., LONDON

END


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