78JC Ashtead 27

RNS No 3085f
MITSUBISHI CHEMICAL (UK) PLC
13th October 1998


RE:MITSUBISHI CHEMICAL (UK) PLC
YEN 500,000,000 SERIES 26 EMTN
DUE 15 OCTOBER 2001
ISSUE DATE: 15 OCTOBER 1996
ISIN: XS0070185250

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15OCT98 TO 15APR99 HAS BEEN FIXED AT 2.5464 PCT.

INTEREST PAYABLE VALUE 15APR99 WILL BE:

YEN 1,287,347  PER  YEN 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.

FROM: RATEFIX DESK
      CITIBANK N.A., LONDON

END

RC MJBTBLLABTPP

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