53LE Sg Issuer 26

RNS No 3422n
BETA FINANCE CORPORATION
30th November 1998


BETA FINANCE CORPORATION (the "Issuer")
US$10,000,000,000 EURO MEDIUM TERN NOTE PROGRAMME
dated 26th JUNE 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 debt securities issued under the Programme:

Listed Securities:            USD 36,501,000 ZERO COUPON NOTES 
                              DUE 29th November 1998
                              ISIN XS0092073419
Trade Date:                   30th November 1998
Value Date:                   3rd December 1998
Nominal Amount:               USD 36,501,000
Remaining Nominal Amount:     ZERO

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

END

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