FOREIGN BANK IN THE U.S.

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Daiwa Bank Ltd. s U.S. Banking Operation

On Nov. 2, 1995, the Federal Reserve Board and New York State Dept. of Banking ordered Daiwa to shut down its U.S. operations within 90 days for covering up $1.1 billion in losses from its bond trading operations in its New York branc

Listed below are Daiwa s four U.S. banking offices in order of business loans outstanding on June 30, 1995 (dollar amounts in thousands)

part 1 of 2

Business LoansSmall Total Total Comm l

Location of Offices

Type (C&I Loans)Bus. LoaAssets Deposits

Chicago Branch 1,271,861 0 2,006,086 24,096

New York Branch 860,331 0 9,698,910 9,354,302

Los Angeles Agency 465,610 0 893,013 13,754

New York Comm l Bank 360,353 9,634 1,407,066 936,390

Totals 4 Offices 2,958,155 9,63414,005,075 10,328,542

part 2 of 2

Business Loans Letters Trading Hedging

Location of Offices

Type R.E. Lns of Credi Derivatives Derivatives

Chicago Branch 295,782 4,996 0 37,569

New York Branch 412,867 52,109 4,815,558 16,648,443

Los Angeles Agency 84,923 20,716 11,396 31,993

New York Comm l Bank 66,940 0 100,549

Totals 4 Offices 860,512 77,821 4,826,954 16,818,554 ===