FIRST FIDELITY INTERNATIONAL BANK
U-57, 1999-09-24
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                       SECURITIES AND EXCHANGE COMMISSION
                                 Washington, DC

                                    FORM U-57

                 NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS

                        Filed under Section 33 (a) of the

             Public Utility Holding Company Act of 1935, as amended

                            WILMINGTON TRUST COMPANY,
                         not in its individual capacity,
                              but solely as Trustee

                        (Name of foreign utility company)

                        FIRST FIDELITY INTERNATIONAL BANK

    (Name of filing company, if filed on behalf of a foreign utility company)


ITEM 1

         Foreign utility status is claimed by three grantor trusts established
pursuant to Trust Agreements (Ybbs 1999-1), (Ybbs 1999-2) and (Ybbs 1999-3) each
dated as of September 15, 1999 and between Wilmington Trust Company, a Delaware
banking corporation, not in its individual capacity but solely as trustee (the
"Trustee") and First Fidelity International Bank, an Edge Act corporation
organized under the laws of the United States ("First Fidelity"). The beneficial
owner of the trusts is First Fidelity. The Trustee will act as the head lessee
and lessor of three equal undivided interests in a hydro-electric power plant
with a combined turbine capacity of approximately 236 MW net (the "Ybbs
Facility") located on the Danube River near Ybbs, Austria. The Ybbs Facility is
operated by Osterreichische Donaukraftwerke AG, a stock corporation organized
under the laws of Austria ("ODW"). ODW will be the head lessor and lessee of the
Ybbs Facility.

ITEM 2

         Not applicable


Exhibit A

         Not applicable.

<PAGE>


         The undersigned company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.

                                          FIRST FIDELITY INTERNATIONAL BANK

                                          By:      /s/ M. B. Hamilton
                                                   -------------------
                                                   Matthew B. Hamilton
                                                   Vice President


Date:    September 24, 1999


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