RNS Number:4516L
Itochu Finance(Europe)PLC
22 May 2003


                        ITOCHU FINANCE (EUROPE) PLC

                            Floating Rate Note

XS0098006975         JPY    500,000,000.00        26 May 2004        Series 209

Please be advised that we have fixed the rate of interest for the above 
mentioned issue as detailed below:

1) Coupon Number  :  9
2) Interest Rate  :  1.0695000   %
3) Interest Period:  27 May 2003 to 28 Nov 2003
4) Days           :  185 Days
5) Interest Amount:  JPY 550.000000
                     per JPY 100'000/B 
6) Total interest :  JPY 2,750,000.000000


Securities Agency Department


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