RNS Number:6049J
Misti Company Limited
3 April 2003

Notice to Noteholders

Misti Company Limited 
EUR 61,458,000 Mezzanine Portfolio Credit Linked Notes due 3 August 2018 
(the "Notes")

ISIN number XS0137876206

We, the Company, hereby give notice that the Calculation Agent has given notice
in accordance with the terms and conditions of the Notes (the "Conditions"),
that a Credit Event has occurred in respect of BRITISH ENERGY PLC, one of the
Reference Entities in respect of the Notes.

In accordance with the Conditions, the Calculation Agent will determine a Final
Price for the Defaulted Credit. 

Terms not otherwise defined herein have the meaning given to them in the
Conditions.

For and on behalf of 
Misti Company Limited
 
Mark Rumbold 
Director

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

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