57GI 07dec2043c

RNS No 4531e
B.A.T INTERNATIONAL FINANCE PLC


                        CIRCULAR RE:
   8.5 PER CENT. GUARANTEED BONDS DUE 2005 AND 9 1/4 PER CENT.
                 GUARANTEED BONDS DUE 2020

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END


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