RNS No 9543b
DEPFA BANK EUROPE PLC


FROM:               7 July 98

218) ITL 10,000,000,000 Index Linked Instruments due 7 July 2003

FULLY PAID
(Represented by Notes to Bearer of  ITL5,000,000  each)


(Registered)

Issue Price:        98.50%

Issuer:             Bankers Trust Company

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


END

PS FCACBODKDKOK
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