RNS No 8835c
ULSTER BANK FINANCE PLC
9th April 1998

ULSTER BANK FINANCE PLC
USD 750,000,000PROGRAMME FOR THE ISSUANCE
INSTRUMENTS

YEN 500,000,000 SERIES 21 DUE APRIL 2004
XS0075093087

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE ISSUE AT 3.10859 PERCENT PER ANNUM
FOR THE INTEREST PERIOD FROM 15APR98 TO 15OCT98.
INTEREST PAYABLE VALUE 15OCT98 WILL AMOUNT TO
YEN 1,580,200 PER YEN 100,000,000 NOTE.

FROM:
CHRISTINE MIRANDA
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818

END


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