RNS No 9003c
DEPFA BANK EUROPE PLC
19th November 1998


TO: COMPANY ANNOUNCEMENTS OFFICE

RE: ISSUE DEPFA BANK EUROPE PLC
    CCY AMOUNT  ATS 100.000.000
    DATES 16.06.97 - 15.12.00
    ISIN  XS0075775162

KINDLY BE ADVISED THAT THE ISSUER IS TO EXERCISE THE CALL OPTION OF
ATS100.000.000 OF THE ABOVE MENTIONED SECURITY VALUE  15.12.98
KINDLY AMEND YOUR RECORDS ACCORDINGLY.

FROM
TRACEY EVANS
CORPORATE TRUST

BANKERS TRUST COMPANY LONDON

END

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