BW20030227002104  20030227T181659Z UTC


( BW)(ITOCHU-FIN.-(EUROPE))(BO90) FRN Variable Rate Fix 

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--Feb. 27, 2003--

AMENDMENT TO RATE AND COUPON AMOUNT

RE: ITOCHU FINANCE (EUROPE) PLC
    JPY 5,000,000,000 SERIES 156 EMTN
    MATURING MARCH 2004
    ISIN: XS0074295501

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17SEP02 TO 17MAR03 HAS BEEN FIXED AT 1.42525 PCT.

INTEREST PAYABLE VALUE 17MAY03 WILL AMOUNT TO:
JPY 706,768 PER JPY 100,000,000 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 207 508 3857/3855 OR FAX: 44 207 508 3881

RATE FIX DESK
CITIBANK N.A. LONDON

   Short Name: Itochu Fin. (Europe)
   Category Code: RC
   Sequence Number: 00002375
   Time of Receipt (offset from UTC): 20030227T172203+0000

    --30--AC/uk*

    CONTACT: Itochu Finance Europe
 
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Itochu Fin. (Europe)
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