36NP Net.r.i.1.2219%

RNS No 5138a
SMM NO 1 COMPANY LIMITED


FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE: 9th June 1999

______________________________________________________________________________

DETAILS OF ISSUE: Programme for the Continuous Issuance of Debt Instruments -
1999 Annual Technical Update

ISSUER: SMM NO 1 Company Limited

INCORPORATED IN: Jersey

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:

The office of the Paying Agent
Citibank N.A.
P.O. Box 18055
5 Carmelite Street
London EC4Y 0PA

Copies of the listing particulars relating to the issue may also be obtained
during normal business hours from the Company Announcements Office of the
London Stock Exchange, Old Broad Street, London, EC2N 1HP, by collection only,
for the two business days following the date of this formal notice.

END

FN ZLGGVNRKLLMM

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