RNS Number:5486Y
BES Overseas Ld
12 July 2002



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

Interest Rate:      3.85%
3 Month USD LIBOR   1.90%
Interest Period:    15th May 2002 to 16th August 2002
Day Count Fraction: Actual/360
Days in Period:     93
Interest Payment Date:  16th August 2002
Dividend per USD 25.00  USD 0.25


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