Tokyo-Mitsubishi International PLC

As Agent Bank, please be advised of the following rate determined on:
17-Mar-2004

Issue               : Tokyo-Mitsubishi International plc - Series 315
                      JPY1,000,000,000 CMS-Linked Callable Notes due 19/9/17
ISIN Number         : XS0154106719
Issue Nomin     JPY : 1,000,000,000.00
Period              : 19-Mar-2004 to 21-Sep-2004       Payment Date 21-Sep-2004
Number of Days      : 186
Rate                : 2.237
Denomination    JPY : 100,000,000

Amount Payable 
per Denomination    : 1,139,950

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

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