VATTENFALL TREASURY AB
27 July 1999


RE: VATTENFALL TREASURY AB
USD 100,000,000 SERIES 53 EMTN
DUE: 20 JULY 2000
ISIN: XS0099815861


PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20JUL99 TO 20OCT99 HAS BEEN FIXED AT 5.31 PCT.

INTEREST PAYABLE VALUE 20OCT99 WILL AMOUNT TO:
USD 1,357.00 PER USD 100,000 DENOMINATION.

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RE: VATTENFALL TREASURY AB
EURO 100,000,000 SERIES 54 EMTN
DUE: 20 JULY 2000
ISIN: XS0099819186


PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20JUL99 TO 20OCT99 HAS BEEN FIXED AT 2.693 PCT.

INTEREST PAYABLE VALUE 20OCT99 WILL AMOUNT TO:
EURO 688.21 PER EURO 100,000 DENOMINATION.
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