78JC Ashtead 27

RNS No 2809b
MITSUBISHI CHEMICAL (U.K.) PLC
18th December 1998

RE MITSUBISHI CHEMICAL
   JPY 1,000,000,000 SERIES 51 EMTN
   DUE JUNE 2001
   ISSUE DATE: 22 JUNE 1998
   ISIN: XS0087897111


PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22JUN98 TO 22DEC98 HAS BEEN FIXED AT 0.52359 PCT.

INTEREST PAYABLE VALUE 22DEC98 WILL AMOUNT TO
JPY 266,158 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.


RATEFIX DESK
CITIBANK N.A., LONDON


END

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