Chase Manhattan Corp. said Monday that it will spend $31 million more than expected to prepare its computerized data systems for the year-2000 date change. It is the second time in nine months that Chase has boosted such spending.

On Monday, Chase said it would spend $158 million this year on Y2K fixes, up from the previous estimate of $127 million. Last November, Chase increased its estimate of total Y2K expenses, including those made in previous years, to $363 million, from the $300 million it projected at the end of 1997.

Chase disclosed the changes in filings with the Securities and Exchange Commission.

Last week Citigroup Inc. also said it would spend more than previously expected on Y2K fixes, lifting its estimate to $950 million, from $900 million. Bank of America Corp. disclosed Monday that its Y2K expenses were unchanged, at $550 million. -- Bloomberg

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