88KI Segro 37

RNS No 2553n
SHINHAN BANK 


To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on 
19/08/99.

Issue:             SHINHAN BANK (MTN) - SERIES 4
                   US$100,000,000 DUE 21/8/2000

ISIN NO:           XS0068596823                  Payment Date  22 NOV 1999
Issue Nominal USD: 100,000,000.00
Period:            23/08/99       To        22/11/99
Number of Days:    91    
Rate:              5.73125                         PCT
Denomination USD:  10,000.00   500,000.00    1,000,000.00
Amount Payable          
Per Denomination:  144.87      7,243.66       14,487.33

From:
Jane Slate                              Telephone  44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile  44 (0) 1202 34 7939

END

RC SFMFDUUUUFDA

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