RNS No 4723x
DEPFA BANK EUROPE PLC
10th November 1998


RE:DEPFA BANK AG

ISIN NO:XS0092221463

PLEASE BE ADVISED THAT THE ISSUER HAS REPURCHASED AND CANCELLED
USD 250.000.000 OF THE ABOVE ISSUE VALUE 101198 . THE OUTSTANDING
UNDER THIS ISSUE ARE NOW USD 301.300.000.

TRACEY EVANS
CORPORATE TRUST AND AGENCY SERVICES
TEL 44 171 982 1982
BANKERS TRUST COMPANY LONDON

END

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