RNS No 1928t
THE PEOPLE'S CONSTRUCTION BANK OF CHINA
10th July 1998


USD 70,000,000 TRANCHE A FLOATING RATE NOTES DUE
2000.   XS0044365558

PLEASE BE ADVISED THAT FOR THE INTEREST PERIOD
FROM 14JUL98 TO 14JAN99 THE NOTES WILL BEAR
INTEREST AS FOLLOWS:
TRANCHE A 6.41836 PCT PER ANNUM
INTEREST PAYABLE VALUE 14JAN99 WILL AMOUNT TO
USD 328.05 PER USD 10,000.00 NOTE AND
USD 3,280.50 PER USD 100,000.00 NOTE.

CRAIG HOEPFL
GLOBAL AGENCY AND TRUST SERVICES
0171 508 3857

END


RC NFKXEFSAPEFN
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