88KI Segro 37

RNS Number:8527F
Shinhan Bank
18 February 2000


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
18/FEB/2000.

Issue:              Shinhan Bank (MTN) - Series 4
                    US$100,000,000 Due 21/8/2000
ISIN NO:            XS0068596823         Payment Date  22-May-2000
Issue Nominal USD:  100,000,000.00
Period:             22/FEB/2000    To    22/MAY/2000
Number of Days:     90
Rate:               6.36
Denomination USD:   10,000.00      500,000.00     1,000,000.00
Amount Payable
Per Denomination:   159,00         7,950.00       15,900.00

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

END
RC SFIFLASSSELE

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