RNS No 8555f
EXPORT FINANCE & INSURANCE CORPORATION

FROM: 28-7-98

24) #29,000,000 ZERO COUPON NOTES DUE 14/8/01
                FULLY PAID
                (REPRESENTED BY NOTES TO BEARER OF: #100,000 EACH)

(REGISTERED)

ISSUE PRICE:  81.16%

ISSUER: CITIBANK NA


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

END

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