30GQ Barclays 27

RNS No 7977j
DAIWA OVERSEAS FINANCE LTD
10th February 1998


The Daiwa Bank, Limited ("the Bank") has announced today that Hamoya Co, Ltd.
("the Company"), one of the Bank's customers, filed a voluntary bankruptcy.

1. Summary of the Company

   Hamoya Co., Ltd
   Head Office:               6-20 Kano-cho 2-chrome, Chuo-ku, Kobe-city, Japan
   President:                 Seishi Li
   Capital:                   90 million yen
   Business:                  Food processing and selling
   Date of filing:            February 3, 1998
   Amount of the Bank's 
   Outstanding Loans:         2.9 billion yen

2. Impact on the Bank's financial condition

   The Bank makes provision for possible losses incurred from the loans to the
   Company in fiscal year 1997.

   There is no material change in the earnings forecast for fiscal year 1997
   (announced in November 1997).



The Daiwa Bank, Limited ("the Bank") has announced today that Jetour Corporation
("the Company"), one of the Bank's customers, filed a voluntary bankruptcy.

1. Summary of the Company

   Jetour Corporation
   Head Office:               2-4, Nishi-gotanda 5-chome, Shinagawa-ku, Tokyo
                              141, Japan 
   President:                 Kiyomi Sugahara
   Capital:                   1,272 million yen 
   Business:                  Travel
   Date of filing:            February 9, 1998 
   Amount of the Bank's
   Outstanding Loans:         1.9 billion yen

2. Impact on the Bank's financial condition

   The Bank makes provision for possible losses incurred from the loans to the
   Company in fiscal year 1997.

   There is no material change in the earnings forecast for fiscal year 1997
   (announced in November 1997).



END

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