73JC Beazley Ins 29

RNS No 0052d
TISZAI VEGYI KOMBINAT RT


                          DOCUMENT RE:       
                         BUSINESS REPORT
                         OF THE TVK GROUP
            FINANCIAL STATEMENTS AS OF 31 DECEMBER 1997
              PREPARED IN ACCORDANCE WITH INTERNATIONAL
                      ACCOUNTING PRINCIPLES

             (PROPOSAL TO BE SUBMITTED TO THE APRIL 28TH,
              1998 ANNUAL GENERAL MEETING OF THE COMPANY)

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

END

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