34JE Sg Issuer 26

RNS No 9039b
DEPFA-BANK EUROPE PLC
3rd November 1997

FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE: 3 November 1997


Application has been made to the London Stock Exchange for the following debt
securities to be admitted to the Official List.

______________________________________________________________________________
_______________________________________________________________________


DETAILS OF ISSUE:   US$10 billion Programme for the Issuance of Debt
Instruments


ISSUER:             DePfa-Bank Europe plc


INCORPORATED IN:    Ireland


GUARANTOR:          Morgan Stanley & Co. International Limited


INCORPORATED IN:    -

Listing Particulars relating to the issue may be obtained during usual
business hours for fourteen days from the date of this formal notice from:

Morgan Stanley Securities Limited
25 Cabot Square
Canary Wharf
London E14 4QA

Bankers Trust Company
1 Appold Street
Broadgate
London EC2A 2HE

Clifford Chance
200 Aldersgate Street
London EC1A 4JJ

Copies of the particulars relating to the issue may also be obtained from the
Company Announcements Office of the London Stock Exchange, London Stock
Exchange Tower, Old Broad Street, London EC2N 1HP, for the two business days
following the date of this formal notice.


END

FN MBBRBLLMJBPR

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