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Tokai Bank Europe London

The Asahi Bank and The Tokai Bank Establish Business Alliance Committee Based on the fundamental agreement for a strategic alliance reached on September 28, 1998, The Asahi Bank, Ltd. and The Tokai Bank, Ltd. announced the establishment of a Business Alliance Committee headed by the Managing Directors in charge of planning at each bank. To swiftly and efficiently realize this strategic alliance, we will establish sub-committees for specific subjects and begin discussing topics outlined in the fundamental agreement, including ATM service fee discounts and the implementation of a capital alliance. This is despite pending legislation in London in connection with breaches of computer security and distribution of pornograhy by members of staff. Business Alliance Committee Members Chairmen: Managing Director Masafumi Hagihara, The Asahi Bank, Ltd. Managing Director Kazuyoshi Tanaka, The Tokai Bank, Ltd. Vice Chairmen: Director Tatsuya Ogonuki, The Asahi Bank, Ltd. Director Yoshihiro Shiraishi, The Tokai Bank, Ltd. Committee Members: Eight additional members (four from each bank) For further information, please contact: Asahi Bank: Public Relations Office (Mr. Takashima Watanabe) +81-3-5223-5078 Tokai Bank: Public Relations Division (Nagoya) +81-52-211-0901 Public Relations Division (Tokyo) +81-3-3277-0342. For the London office +44 171 638
6030 (Mr Jeremy Ward, Mr Chris Roberts, Mr Neil Knappett)

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