51JJ Arkle 2060 A

RNS Number:8894Y
BES Overseas Ld
14 February 2001


                              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:          7.33875%
3 Month USD LIBOR       5.38875%
Interest Period:        15th February 2001 to 15th May 2001
Days in Period:         89
Interest Payment Date:  15th May 2001
Dividend per USD 25.00  USD 0.45

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