Tokyo-Mitsubishi International PLC

As Agent Bank, please be advised of the following rate determined on: 18-Aug-2004

Issue               : Tokyo-Mitsubishi International plc - Series 314
                      JPY 1,000,000,000 Fixed/FRN due 20 Aug 2014
ISIN Number         : XS0152384888
Common Code/        : 15238488
144A ISIN
Issue Nomin     JPY : 1,000,000,000.00
Period              : 20-Aug-2004 to 21-Feb-2005       Payment Date 21-Feb-2005
Number of Days      : 185
Rate                : 2.14
Denomination    JPY : 100,000,000

Amount Payable      : 1,099,722
per Denomination    

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 7438

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