RNS Number:9179H
Industrial Bank Of Korea
24 March 2000

ISIN:  XS0108863332                      FROM: 27/03/2000

Issuer:  Industrial Bank of Korea

USD100,000,000 Floating Rate Notes due 26/03/2001

FULLY PAID                                          YIELD: Actual/360

(Represented by notes to bearer of USD100,000 & USD1,000,000 each)

Issue Price: 100%

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

END

PS SEIFMLSSSEID


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