RNS No 4711q
ULSTER BANK FINANCE PLC
25th June 1998

ULSTER BANK FINANCE PLC
USD 750,000,000PROGRAMME FOR THE ISSUANCE
INSTRUMENTS
EURO 350,000,000 SERIES 20 DUE 24 JUNE 2003
XS0088142285
PLEASE BE ADVISED THAT WE HAVE SET THE RATE
ON THE ABOVE ISSUE AT 4.3125 PERCENT PER ANNUM
FOR THE INTEREST PERIOD FROM 24JUN98 TO 24SEP98.
INTEREST PAYABLE VALUE 24SEP98 WILL AMOUNT TO
EURO 110.21 PER EURO 10,000.00 NOTE AND
EURO 1,102.08 PER EURO 100,000.00 NOTE.

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818



END

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