01GT Euro-vip 'b'wt

RNS No 4757u
EURO-VIP LIMITED
14th November 1997

TO COMPANY ANNOUNCEMENTS OFFICE

RE.EURO-VIP LTD SECURED VARIABLE RATE NOTES DUE
2030 - 1ST TRANCHE USD 15M

WE HEREBY INFORM YOU THAT FOR THE PERIOD
17 NOVEMBER 1997 TO 18 MAY 1998
THE NOTES WILL BEAR INTEREST AT A RATE OF 7.1625
PER CENT PER ANNUM WITH A COUPON AMOUNT OF
USD 36,210.42 PER USD 1,000,000 NOTE
PAYABLE ON 18 MAY 1998.

JAMES SHILLINGFORD
CORPORATE TRUST SERVICES
BANKERS TRUST COMPANY LONDON

END

RC OCQCPFDDDDDD

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