Ind. Bank Of Korea - FRN Variable Rate Fix
May 28 1998 - 8:00AM
UK Regulatory
RNS No 1180e
INDUSTRIAL BANK OF KOREA
28th May 1998
RE: INDUSTRIAL BANK OF KOREA
GLOBAL MEDIUM TERM NOTES
PRINCIPAL AMOUNT: USD 100,000,000
ORIGINAL ISSUE DATE: 01-07-97
MATURITY DATE: 01-07-2000
COMMON CODE: 7802668
CUSIP/CSIN: 45603NAA3(144A)/45603PAA3(REGS)
WITH REFERENCE TO THE ABOVE NOTE ISSUE, THE INTERST RATE HAS
BEEN SET FOR MONTHS AS FOLLOWS:
INTEREST RATE CALCULATION (PLUS)(PLUS) AMENDMENT (PLUS)(PLUS)
AMENDMENT (PLUS)(PLUS)
INTEREST PERIOD: 31-12-97 - 30-06-98
6 MONTHS USD-LIBOR RATE: 5.90625
PLUS SPREAD: PLUS 1.00
INTEREST RATE FOR PERIOD:6.90625
NUMBER OF DAYS: 181
INTEREST DUE AT NEXT
INTEREST PAYMENT DATE: USD 3,472.31 PER USD 100,000
REGARDS
WILLIAM DOWLING/STUART KINGSTON
SECS DEPT
FNBC LONDON
END
RC NFFSPASDPEFN
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