Miscellaneous

     
BW20030711000256  20030711T084801Z UTC


( BW)(MITSUBISHI-TOKYO-FIN)(MTF) Miscellaneous

    Business Editors
    UK REGULATORY NEWS

    TOKYO--(BUSINESS WIRE)--July 11, 2003--

Application submitted for Commencement of Compulsory Liquidation
Proceedings by Yamaichi Tochi Kabushiki Kaisha and Sanryou Estate
Kabushiki Kaisha; Eventual Possibility of Credit Losses Mitsubishi
Tokyo Financial Group, Inc.

TOKYO, July 11, 2003--Mitsubishi Tokyo Financial Group, Inc. (MTFG;
President: Shigemitsu Miki) announced today that the credits provided
by its subsidiary, The Mitsubishi Trust and Banking Corporation
(MTBC), to Yamaichi Tochi Kabushiki Kaisha and its subsidiary, Sanryou
Estate Kabushiki Kaisha may eventually not be repaid due to the event
described hereunder.

1.       Outline of the companies
   Yamaichi Tochi Kabushiki Kaisha
(1)      Head office:   16-11, Ogikubo 5-chome, Suginami-ku, Tokyo, Japan
(2)      Liquidator:    Toshiaki Shioda
(3)      Capital:       Japanese yen 105 million
(4)      Business:      Real Estate

   Sanryou Estate Kabushiki Kaisha
(1)      Head office:   16-11, Ogikubo 5-chome, Suginami-ku, Tokyo, Japan
(2)      Liquidator:    Toshiaki Shioda
(3)      Capital:       Japanese yen 50 million
(4)      Business:      Real Estate

2.  Event and date of occurrence

Yamaichi Tochi Kabushiki Kaisha and Sanryou Estate Kabushiki Kaisha
submitted applications for commencement of compulsory liquidation
proceedings to the Tokyo District Court on July 11, 2003.

3.  MTBC's outstanding credit balances to the companies 

Yamaichi Tochi Kabushiki Kaisha: Japanese yen 56,580 million Sanryou
Estate Kabushiki Kaisha: Japanese yen 7,424 million

4.  Influence on MTFG's business results

This event is not expected to have any material effect on MTFG's
previously announced business forecast for the current fiscal year.

For further information, please contact:
Masahiko Tsutsumi
Chief Manager, Corporate Communications Office
Tel: [phone]

   Short Name: Mitsubishi Tokyo Fin
   Category Code: MSC
   Sequence Number: 00006883
   Time of Receipt (offset from UTC): 20030711T093104+0100

    --30--sm/uk*

    CONTACT: Mitsubishi Tokyo Financial Group Inc

    KEYWORD: JAPAN UNITED KINGDOM INTERNATIONAL ASIA PACIFIC EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Mitsubishi Tokyo Fin

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