RNS Number:5760A
Itochu Finance(Europe)PLC
15 March 2001


DATE:  15 MARCH 2001


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
19MAR01 TO 17SEP01 HAS BEEN FIXED AT 1.5905 PCT.

INTEREST PAYABLE VALUE 17SEP01 WILL AMOUNT TO
JPY 793,071 PER JPY 100,000,000 DENOMINATION.
----------------------------------------------------------

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



RATE FIX DESK
CITIBANK N.A. LONDON




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