RNS No 0219N
DEPFA-BANK EUROPE PLC


FROM:     23 JANUARY 1998

176) ITL 20,000,000,000 ZERO COUPON INSTRUMENTS DUE 22 SEPTEMBER 2005

FULLY PAID
(Represented by Instrument to Bearer of ITL 5,000,000 each)


IP:        96.22%

Issuer:    BANKERS TRUST COMPANY

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

END

PS FCBCNQDKDFDB
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