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First Pacific Cptl (78JZ)


Thursday 17 January, 2002

First Pacific Cptl

FirstPac Cancels US$3.1m CBs

First Pacific Capital (1997) Ld
17 January 2002

First Pacific Capital (1997) Limited

17 January 2002

Information on the repurchase of certain of the US$350 Million Convertible
Bonds due 2002 issued by First Pacific Capital (1997) Limited and guaranteed
by and convertible into shares of First Pacific Company Limited (the 'Bonds):

1.     Amount of Bonds acquired on 16-01-2002:          US$3,100,000.00

2.     Amount of Bonds outstanding on 16-01-2002:     US$195,344,000.00

3.     Whether the Bonds are to be cancelled:               Yes


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