RNS No 4075d
NISSHO IWAI INTERNATIONAL FINANCE (CAYMAN) LIMITED
2nd March 1999


FORMAL NOTICE FOR CONVERTIBLE DEBT SECURITIES


PUBLICATION DATE:  02 March 1999

Application has been made to the London Stock Exchange for the following
convertible debt securities to be admitted to the Official List:
______________________________________________________________________________


DETAILS OF ISSUE:  US$1,500,000,000 Euro Medium Term Note Programme  


ISSUER:            Nissho iwai International finance (Cayman) Ltd 


INCORPORATED:      The Cayman Island   


GUARANTOR:         N/A 


INCORPORATED:      N/A


Particulars relating to the issue may be obtained during usual business
hours for fourteen days from the date of this formal notice from:

Nissho Iwai Int Finance (Cayman) Ltd  Nikko Securities
Old Change Street                     c/o Salomon Smith Barney
128 Queen Victoria Street             Victoria Plaza
London EC4V 4HR                       111 Buckingham Palace Road
                                      London SW1W OSB


A copy of the particulars relating to the issue is also available for
inspection at the Courier Desk of the London Stock Exchange,(Throgmorton
Street Entrance) Stock Exchange Tower, Old Broad Street, London EC2N 1HP.
 
END

FN JTMMBLLAMBLL
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