RNS Number:3741P
BES Overseas Ld
11 August 2000

                  Rate Fix Notice - Amendment

Issue:               BES Overseas Ltd
                     $10,000,000 Series A Floating Rate Non-Cumulative 
                     Guaranteed Non-Voting Preference Shares
ISIN Code:           KYG 106361010

Interest rate:       8.6700%
3 month USD LIBOR    6.72000%
Interest Period      15th May 2000 to 16th August 2000
Days in Period       93
Interest Payment
 Date:               16th August 2000
         
                     The Dividend amount for this period is USD 0.55 per
                     USD 25.00 Series A Preference Shares


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