Mitsubishi Securities International PLC


As Agent Bank, please be advised of the following rate determined on:01-Mar-2007

Issue            : Mitsubishi Securities International PLC - Series 251
                   JPY500,000,000 MTN/Fixed-CMS Due 3 Sep 2021
ISIN Number      : XS0134339414
Common Code /
144A ISIN        : 13433941
Issue Nomin JPY  : 500,000,000.00
Period           : 05-Mar-2007 to 03-Sep-2007  Payment Date 03-Sep-2007
Number of Days   : 182
Rate             : 2.136
Denomination JPY : 100,000,000
Amount Payable
per Denomination : 1,065,073

JP Morgan Chase Bank
Rate Fix Desk                          Telephone  44(0) 1202 32 8236
Institutional Trust Services           Facsimile  44(0) 1202 34 7939



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