RNS No 4021w
ULSTER BANK FINANCE PLC


FROM:               16/10/98


88) GBP1,065,700 ZERO COUPON INSTRUMENTS DUE 13/04/2004


FULLY PAID
(Represented by Notes to Bearer of   GBP10,657   each)


Issue Price:        73.193%

Issuer:             CITIBANK NA

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

END

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