Tokyo-Mitsubishi Int

As Agent Bank, please be advised of the following rate determined on: 03-Oct-2003

Issue               : Tokyo Mitsubishi International plc - Series 321
                      JPY 1,100,000,000 Fixed/FRN due 7 Oct-2004
ISIN Number         : XS0155378929
Issue Nomin     JPY : 1,100,000,000.00
Period              : 07-Oct-2003 to 07-Apr-2004          Payment Date 07-Apr-2004
Number of Days      : 183
Rate                : 1,528
Denomination    JY  : 100,000,000

Amount Payable 
per Denomination    : 766,093

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 7438