RNS No 8571m
DEPFA-BANK EUROPE PLC


FROM:     19-12-97     

128) DEM 40,000,000 FLOATING RATE NOTES DUE 21-4-00

FULLY PAID
(Represented by Notes to Bearer of DEM 100,000  each)


Issue Price:   100%       

Issuer:        CLIFFORD CHANCE     

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

END


PS OCFCPQDDDPBD


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