RNS Number:3995Y
Itochu Finance(Europe)PLC
5 February 2001


RE:      ITOCHU FINANCE EUROPE PLC 
         JPY 1,000,000,000 EMTN
         MATURING 7 AUGUST 2007
         ISIN: XS0079060728

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
07FEB01 TO 07AUG01 HAS BEEN FIXED AT 4.7125 PCT.

INTEREST PAYABLE VALUE 07AUG01 WILL AMOUNT TO
JPY 2,369,340 PER JPY 100,000,000 DENOMINATION.
--------------------------------------------------------------------
 
IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3855?3857 OR FAX: 44 171 508 3881.

RATE FIX DESK
CITIBANK N.A. LONDON



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