RNS Number:3923P
BES Overseas Ld
14 August 2000


The issuer has made the following amendment to the FRN Variable Rate Fix
announcement released today at 07:00 under RNS No 3741P.


Please note that the Dividend per USD 25.00 should read USD 0.56 and not USD
0.55 as previously stated.
 

All other details remain unchanged.

The full corrected version is shown below.
-------------------------------------------------------------------

RATE FIX NOTICE: AMENDMENT
Change to Payment Date and Dividend

Issue:                     BES Overseas Ltd
                           $10,000,000 Series A Floating Rate Non-Cumulative 
                           Guaranteed Non-Voting Preference Shares
ISIN Code:                 KYG106361010

Interest Rate:             8.67%
3 Month USD LIBOR          6.72%
Interest Period:           15th May 2000 to 16th August 2000
Days in Period:            93
Interest Payment Date:     16th August 2000
Dividend per USD 25.00     *USD 0.56*



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