78JC Ashtead 27

RNS Number:0210B
Mitsubishi Chemical (U.K.) PLC
17 November 1999

RE: MITSUBISHI CHEMICAL ? FINANCE
    JPY 1,000,000,000 SERIES 38 EMTN 
    DUE  NOVEMBER 2004
    ISIN: XS0082123505


PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
19NOV99 TO 19MAY00 HAS BEEN FIXED AT  0.928 PCT.

INTEREST PAYABLE VALUE 19MAY00 WILL AMOUNT TO :
JPY 462,729 PER JPY 100,000,000 DENOMINATION.


IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.


RATEFIX DESK
CITIBANK N.A., LONDON



END
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