RNS No 8709f
SUDWESTDEUTSCHE LANDESBANK CAPITAL MARKETS PLC 

FROM: 5/5/98 

16) ZAR 500,000,000 ZERO COUPON GUARANTEED INSTRUMENTS DUE 31/12/10     

FULLY PAID

(Represented by Notes to Bearer of ZAR 50,000, ZAR 500,000 & ZAR 1,000,000
 each)

Issue Price:  21.695%        

Issuer: J P MORGAN            

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END

PS SSMFIFUAUFFI


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