BW20030526002035  20030527T060219Z UTC


( BW)(MITSUBISHI-TOKYO-FIN)(MTF) Liquidation of BTM Finance 
(Australia) Ltd.

    Business Editors
    UK REGULATORY NEWS

    TOKYO--(BUSINESS WIRE)--May 27, 2003--

Mitsubishi Tokyo Financial Group, Inc. (MTFG; President: Shigemitsu
Miki) announced today that The Bank of Tokyo-Mitsubishi, Ltd. (BTM), a
consolidated subsidiary of MTFG, has decided to liquidate BTM Finance
(Australia) Ltd. (BTMF(A)).

BTMF(A) is a consolidated subsidiary of BTM`s wholly-owned subsidiary,
Bank of Tokyo-Mitsubishi (Australia) Ltd. (BTMA).

1.       Outline of BTMF(A)

  (1)      Address:                     1 Macquarie Place, Sydney, N.S.W. 2000, Australia
  (2)      Managing Director:           Soichi Asaba
  (3)      Capital:                     Australian dollars 20 million
  (4)      Business:                    Financing business

2.       Reason for Liquidation

BTM has decided to liquidate BTMF (A) and transfer the remaining
assets of BTMF (A) to BTMA.

3.       Timing of liquidation

Liquidation is expected by the end of March 2004.

4.       Impact on MTFG's business forecast

This event is not expected to have any material effect on MTFG's
business forecast for the current fiscal year.

   Short Name: Mitsubishi Tokyo Fin
   Category Code: MSC
   Sequence Number: 00005134
   Time of Receipt (offset from UTC): 20030526T101700+0100

    --30--tav/ny*

    CONTACT: Mitsubishi Tokyo Financial Group Inc
             Masahiko Tsutsumi, Chief Manager, Public Relations Office
             Tel.: 81-3-3240-8136

    KEYWORD: JAPAN UNITED KINGDOM INTERNATIONAL ASIA PACIFIC EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Mitsubishi Tokyo Financial Group Inc

Today's News On The Net - Business Wire's full file on the Internet
                          with Hyperlinks to your home page.
                          URL: http://www.businesswire.com