RNS No 2604x
ESPIRITO SANTO INVESTMENT PLC


ISIN:     XS0102705612        FROM:     30/09/99

23) EUR4,000,000 BRAZILIAN RISK CREDIT LINKED NOTES DUE 28/12/99

FULLY PAID                    YIELD:    ACTUAL/360

(Represented by Notes to Bearer of EUR250,000 each)

Issue Price:        100%

Issuer:             CITIBANK NA

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END


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