17NA Rep. Rwnd 31 S

RNS NO 1640m
DORADA CORPORATION
2 June 1999


Attention: Company Announcements Office


DORADA CORPORATION (THE "ISSUER")
US$5,000,000,000 EUR0-MEDIUM TERM NOTE PROGRAMME
DATED 17TH SEPTEMBER 1998 (THE "PROGRAMME")

In our capacity as Investment Manager to the Issuer we hereby notify you for the
purposes of Rule 15.14 of the Listing Rules, of the repurchase by the Issuer of
its own listed debt securities issued under the Programme:

LISTED SECURITIES:            USD 20,000,000 Floating Rate Notes due 2000
                              ISIN XS0091192137
TRADE DATE:                   2nd June 1999
VALUE DATE:                   15th June 1999
NOMINAL AMOUNT                USD 20,000,000
REMAINING NOMINAL AMOUNT      Zero

The Nominal Amount of all Notes repurchased will be cancelled on receipt.


Sean Murphy
Director
Citibank Credit Structures


END

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