RNS No 1117c
DEN NORSKE BANK AS



FROM:     3RD AUGUST 1998

ISSUER:   DEN NORSKE BANK AS

ITL 50,000,000,000 ZERO COUPON NOTES DUE 30/6/2000   


FULLY PAID
(Represented by Notes to Bearer of ITL1,000,000,000 each)


Issue Price:   102.7833%               


A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END

PS ALLEEDDILVAT


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