RNS No 6738q
BSE OVERSEAS LTD
13th August 1997


RE: BES OVERSEAS LTD, US$10,000,000 SERIES A FLOATING RATE NON-CUMULATIVE
GUARANTEED NON-VOTING PREFERENCE SHARES

PLEASE NOTE THAT THE RATE FOR THE ABOVE WAS FIXED AS FOLLOWS:- 
7.77813 FOR PERIOD 15 MAY 97 TO 18 AUGUST 97 (95 DAYS)
(3 MONTH US$ LIBOR =5.82813%)           PAY DATE: 18 AUGUST 1997
THE DIVDEND AMOUNT FOR THIS PERIOD IS US$0.51 PER US$ 25.00
SERIES A PREFERENCE SHARE.

END
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