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Helix Capital BV (BK23)

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Tuesday 07 January, 2003

Helix Capital BV

Statement re Redemption

Helix Capital (Netherlands) BV
7 January 2003



                Helix Capital (Netherlands) B.V. - XS0135852969
                     US$ 74,928,000 Due 11 October 2006

Please be advised that the above issue has redeemed US$ 10,617,000 due to a
Credit Event on the 20 November 2002. The outstanding balance is therefore
US$64,311,000.



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