RNS Number:1420O
Beta Finance Corporation
15 February 2008

BETA FINANCE CORPORATION



On 12th February 2008 Citibank, N.A. signed a Ratings Support Facility with Beta
Finance Corporation ("Beta"). As a result, Moody's has confirmed the existing
top ratings on Beta's senior debt.



The support facility is structured as a commitment to provide mezzanine finance
to Beta in the event that the market value of its existing capital approaches
zero. The commitment at the inception of the facility was USD 1,038 million.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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