RNS Number:9845I
KG International Trade&Finance PLC
20 March 2003

Letter to RNS

                    KG INTERNATIONAL TRADE & FINANCE PLC
                        EURO MEDIUM NOTE PROGRAMME

We wish to inform you schedule of issue made under Euro Medium Term Note
Programme which we have exercised an early redemption option as follows;

Series No. 57 JPY 300,000,000 Fixed Rate Note
Due 13th March 2006 (Issue Date 13th March 1996)
Redemption Amount JPY 300,000,000 on 13th March 2003

This issue was listed on the London Stock Exchange.

From KG International Trade & Finance plc
T.Otsuka
Company Secretary


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