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Tokai Bk.Nederland (60IN)

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Tuesday 29 May, 2001

Tokai Bk.Nederland

MTN Programme

Tokai Bank Nederland N.V.
23 May 2001


Letter to: Company Announcements Office


                              MTN Programme:

The Tokai Bank, Limited, Tokai Bank Europe plc, Tokai Bank Nederland N.V., 
Tokai Australia Finance Corporation Limited ACN 002 933 557, Tokai Bank Canada
U.S. $5,350,000,000 Euro Medium Term Note Programme Due from one month to 30
years from the date of original issue Guaranteed (in the case of Notes issued by
Issuers other than The Tokai Bank, Limited) by The Tokai Bank, Limited (the
'Programme')


Please be advised that with effect from 31 May, 2001 Tokai Bank Canada will
resign as an Issuer under the above Programme.

We do not intend to publish supplemental listing particulars but we do intend to
make the appropriate modifications within the Offering Circular and related
documents, in our Programme update due in August 2001.

Letter from:  Tokai Bank Europe Plc


                                                                                
    

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