51JJ Arkle 2060 A

RNS No 7677c
BES OVERSEAS LTD
13th August 1997


To:    Company Announcements Office

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

REF.   KYG106361010

Please note that the rate for the above was fixed as follows:-
7.70781 for the period 18 August 1997 to 17 November 1997 (91 days) 
(3 month US$ Libor =5.75781%) Pay date: 17 November 1997 The dividend amount for
this period is US$0.49 per US$ 25.00 Series A Preference Share.

From:
The Bank of New York
A. Mitchell / R. Soni
Corporate Trust Dept.


END

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