RNS No 9837h
BES OVERSEAS LTD
12th February 1998


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:-
7.5750 for period 17 February 1998 to 15 May 1998 (87 days) 
(3 month US$ Libor = 5.6250%)            
Pay date: 15 May 1998
The dividend amount for this period is US$0.46 per US$25.00 Series A Preference
Share.


END

RC GCGBDGXBCCIX


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