BW20030224002199  20030225T075002Z UTC


( BW)(MITSUBISHI-TOKYO-FIN)(MTF) Formal Dissolution of The Diamond
Mortgage Co., Ltd.

    Business Editors
    UK REGULATORY NEWS

    TOKYO--(BUSINESS WIRE)--Feb. 25, 2003--

Mitsubishi Tokyo Financial Group, Inc. (MTFG; President: Shigemitsu
Miki) announced today that The Bank of Tokyo-Mitsubishi, Ltd. (BTM),
a member bank of MTFG, has formally decided to dissolve The Diamond
Mortgage Co, Ltd. (DMC) on February 28, 2003.  The planned dissolution
of DMC, a consolidated subsidiary of BTM, was originally announced on
Septmeber 24, 2002. Credit provided by BTM to DMC may eventually not
be repaid due to this event.

1. Outline of DMC

(1) Address: 1-8 Nihonbashi 3-chome, Chuo-ku, Tokyo
(2) President: Shoichi Fukui
(3) Capital: Japanese yen 6,865 million
(4) Business: Mortgage securities business

2. Event and date of occurrence

BTM has formally decided that its consolidated subsidiary DMC will be
dissolved as of February 28, 2003.

3. Outstanding credit balance to DMC

BTM: Japanese yen 42,800 million

4. Influence on MTFG's business forecast

This event is not expected to have any material effect on MTFG's
previously announced business forecast for the current fiscal year.

For further information, please contact:

Masahiko Tsutsumi, Chief Manager, Public Relations Office
Tel. No. 81-3-3240-8136

   Short Name: Mitsubishi Tokyo Fin
   Category Code: MSC
   Sequence Number: 00002252
   Time of Receipt (offset from UTC): 20030225T074652+0000

    --30--sm/uk*

    CONTACT: Mitsubishi Tokyo Financial Group Inc

    KEYWORD: JAPAN UNITED KINGDOM INTERNATIONAL ASIA PACIFIC EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Mitsubishi Tokyo Financial Group Inc

Today's News On The Net - Business Wire's full file on the Internet
                          with Hyperlinks to your home page.
                          URL: http://www.businesswire.com