RNS No 7468c
DEPFA BANK EUROPE PLC
23rd July 1998


TO: COMPANY ANNOUNCEMENTS OFFICE

RE. DEPFA BANK EUROPE ATS 100MN DUE 2008
COMMON CODE.  8940797

INTEREST PERIOD. 27JUL98-27JUL99
INTEREST RATE SET.  5.2691  PER CENT
INTEREST PAYABLE PER DENOMINATION OF ATS 1MN IS
52,691
INTEREST PAYABLE DATE. 27JUL99

PAUL ALLSOP
CORPORATE TRUST SERVICES
TEL. 171 982 2387 / 5903
BANKERS TRUST COMPANY LONDON

END

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