RNS Number:0751N
BES Overseas Ld
13 November 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:           3.96125%
3 Month USD LIBOR        2.01125%
Interest Period:         15th November 2001 to 15th February 2002
Days in Period:          92
Interest Payment Date:   15th February 2002
Dividend per USD 25.00   USD 0.25


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