56JV Sthn.pac 4a1a

RNS No 7410q
ULSTER BANK FINANCE PLC


FROM: 30/4/98    

50) PTE 1,000,000,000 FORMULA LINKED NOTES DUE 9/11/98

FULLY PAID
(Represented by Notes to Bearer of PTE 30,000,000 & PTE 100,000,000 each)

Issue Price:  100%  

Issuer: J P MORGAN

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

END

PS ALLFRSAIAFAT

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