53LE Sg Issuer 26

RNS Number:2473Z
Beta Finance Corporation
20 February 2001


LETTER TO COMPANY ANNOUNCEMENTS OFFICE

BETA FINANCE CORPORATION (the "Issuer")
US$10,000,000,000 EURO-MEDIUM TERM NOTE PROGRAMME
DATED 9th JUNE 2000 AS SUPPLEMENTED ON 30th OCTOBER 2000 (the "Programme)

In our capacity as Investment Manager to the Issuer we hereby notify you for the
purposes of Rule 15.14 of the Listing Rules, of the repurchase by the Issuer of
its own listed debt securities issued under the Programme:


Listed Securities:          US$10,230,000
                            ISIN XS0121356025
Trade Date:                 20th February 2001
Value Date:                 23rd February 2001
Nominal Amount:             US$ 10,230,000
Remaining Nominal Amount:   Zero

The Nominal Amount of all Notes repurchased will be cancelled on receipt.

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