Mitsubishi Tokyo Financial Group Inc

                Mitsubishi Tokyo Financial Group, Inc.

             Dissolution of Japan Coupon Service Co., Ltd.

Mitsubishi Tokyo Financial Group, Inc. (MTFG; President: Shigemitsu
Miki) announced today that The Bank of Tokyo-Mitsubishi, Ltd. (BTM), a
member bank of MTFG, has decided to dissolve Japan Coupon Service Co.,
Ltd. (JCS), a subsidiary of DC Card Co., Ltd., which is a subsidiary
of BTM. Dissolution of JCS is expected by the end of November 2003.

1. Outline of JCS

(1) Address: 11-13, Ebisu 1-chome, Shibuya-ku, Tokyo

(2) Managing Director: Akira Yamashita

(3) Capital: Japanese yen 90 million

(4) Business: Factoring business

2. Reason for Dissolution

It has been decided to discontinue the business of JCS and as a result the
decision to dissolve JCS has been taken.

3. Impact on MTFG's business forecast

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

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For further information, please contact:

Seiji Itai, Chief Manager, Corporate Communications Office
Tel.: 81-3-3240-8136