RNS Number:8114D
BES Overseas Ld
14 November 2002


                             RATE FIX NOTICE:

Issue:                   BES Overseas Ltd
                         $10,000,000 Series A Floating Rate Non-Cumulative
                         Guaranteed Non-Voting Preference Shares
ISIN Code:               KYG106361010
Interest Rate:           3.35%
3 Month USD LIBOR:       1.40%
Interest Period:         15th November 2002 to 18th February 2003
Calculation Basis:       Actual/360
Days in Period:          95
Interest Payment Date:   18th February 2003
Rate per USD 25.00:      USD 0.22



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

END

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