RNS No 1427p
YASUDA TRUST AND BANKING (LUXEMBOURG) S.A.
16th December 1998


RE: YASUDA TRUST AND BANKING (LUXEMBOURG) S.A.
    USD50,000,000-00 FLOATING RATE NOTES DUE 2000

Please note that the new coupon period and rate have been fixed today.

The new period is 18th December 1998 to 18th June 1999 and the new rate is
5.46375 per cent.

The coupon payable on 18th June 1999 for each USD5,000 will be USD 138.11.

END

RC NFKAKFEFPFFN
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