RNS Number:8595G
Beta Finance Corporation
12 July 2001

RE:    BETA FINANCE CORPORATION
       USD 5,000,000 SERIES 744 EMTN
       MATURITY: MARCH 2002
       ISIN: XS0126529683

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE PERIOD 16JUL01 TO
15AUG01 HAS BEEN FIXED AT 3.82 PCT PER ANNUM.

THE COUPON AMOUNT DUE 15AUG01 WILL AMOUNT TO USD 31.83 PER USD 10,000
DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON TEL: 44 207 508
3857/3855 OR FAX: 44 207 508 3881.
 
RATEFIX DESK 
CITIBANK N.A., LONDON


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