56JV Sthn.pac 4a1a

RNS No 7411r
ULSTER BANK FINANCE PLC

         
FROM:    30/4/98


49) 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:           JP MORGAN

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

END



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