53LE Sg Issuer 26

RNS No 5957t
BETA CORPORATION
20 May 1999


Beta Corporation (the "Issuer")
US $10,000,000,000 Euro-Medium Term Note Programme
dated 26th March 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 exercise by the Issuer of a
call option over its own listed debt securities issued under the Programme:


Listed Securities:            PTE 3,000,000,000 Notes due
                              20th June 2002, Closed Series No. 516,
                              ISIN XS0076702066
Exercise Date:                20th May 1999
Value Date:                   21st June 1999
Nominal Amount                PTE 3,000,000,000
Remaining Nominal Amount      Nil

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


END

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