RNS Number:5073I
BES Overseas Ld
14 August 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:                5.51%
3 Month USD LIBOR             3.56%
Interest Period:              16th August 2001 to 15th November 2001
Days in Period:               91
Interest Payment Date:        15th November 2001
Dividend per USD 25.00        USD 0.35



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