65JJ Granite Mas.b1

RNS No 2664e
SNAP LIMITED
23 March 1998


FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE: 23 March 1998

Application has been made to the London Stock Exchange for the following
securities to be admitted to the Official List:
______________________________________________________________________________

DETAILS OF ISSUE:  US$10,000,000,000 Note Issuance Programme for the issue of 
                     Secured Notes

ISSUER:            SNAP Limited

INCORPORATED IN:    The Cayman Islands

GUARANTOR:          N/A

INCORPORATED IN:    N/A

Listing Particulars relating to the issue may be obtained during usual
business hours for fourteen days from the date of this formal notice from:

ING Baring Securities Limited
60 London Wall
London
EC2M 5TQ

Copies of the particulars relating to the issue may also be obtained from the
London Stock Exchange (Throgmorton Street entrance), Old Broad Street, London
EC2N 1HP for the two business days following the date of this formal notice.


END

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