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Tokai Finance(Cur) (44IN)

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Tuesday 29 February, 2000

Tokai Finance(Cur)

FRN Rate Fix- Amendment

Tokai Finance (Curacao) N.V.
29 February 2000



The issuer has made the following amendments to the FRN Variable Rate Fix
announcement released on 21/02/00 at 07:10 under RNS No 8867F.

1)  Interest Amount Per Coupon is 'J.YEN 1,150,000' and not 'J.YEN 1,153,151'   
   as previously shown.

2)  Interest Amount Total is 'J.YEN 575,000,000' and not 'J.YEN 576,575,500' as 
    previously shown.

All other details remain unchanged.

The full corrected version is shown below.

RE: TOKAI FINANCE(CURACAO) N.V.
    J.YEN 50,000,000,000 UNDATED FLOATING RATE SUBORDINATED
    GUARANTEED NOTES


PLEASE BE ADVISED THE RATE OF INTEREST AND THE INTEREST AMOUNT FOR
THE ABOVE NOTE WILL BE:

RATE OF INTEREST          : 2.3 PCT PA
INTEREST PERIOD           : 2000. 2.28 ------ 2000. 8.29(183/366DAYS)
INTEREST AMOUNT PER COUPON: J.YEN.   1,150,000
                                     ---------
INTEREST PAYMENT DATE     : 2000. 8.29
INTEREST AMOUNT TOTAL     : J.YEN. 575,000,000
                                   -----------


THE TOKAI BANK, LIMITED
AS AGENT BANK


                                                                                                                                                                             

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