Mitsubishi Securities International PLC



As Agent Bank, please be advised of the following rate determined on: 01-Sep-2008
Issue              � Mitsubishi Securities International PLC - Series 251
                     JPY 500,000,000.00 MTN?Fixed-CMS FRN Due 03-Sep-2021
ISIN Number        � XS0134339414
Common Code / 144A � 13433941
 ISIN
Issue Nomin JPY    � 500,000,000.00
Period             � 03-Sep-2008 to 03-Mar-2009            Payment Date 03-Mar-2009
Number of Days     � 181
Rate               � 1.974
Denomination JPY   � 100,000,000.00        �                      �

Amount Payable per � 978,887.00            �                      �
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       � 44 1202 689580
Corporate Trust Services                   Facsimile       � 44 1202 689601



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