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K2 Corp. (59OE)

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Friday 14 January, 2000

K2 Corp.

FRN Variable Rate Fix-Amendmt

K2 Corporation
13 January 2000


The issuer has advised that the following alterations should be made to the
K2 Corporation - FRN Variable Rate Fix announcement released on 22 December 1999
at 07.24am under RNS No 9232C. 

The 'year basis' should have read '365-366' and not A/365-366 as previously
shown.
The 'month basis' should have read 'A' and not 1 as previously shown.
The 'Interest amount per denom. GBP 100,000' should have read 'GBP 484.99' and
not GBP 484.48 as previously shown.
The ISIN Code, Interest Period and the statement stating:- 
PLEASE NOTE CALCULATION WAS REACHED
12 DAYS OVER 365 IS GBP 188.05
19 DAYS OVER 366 IS GBP 296.94  TOTAL 484.99
were omitted from the original release.   

The full corrected version is shown below.

-------------------------------------------------------------------------------

ISIN CODE XS0102192308
K2 CORPORATION GBP 15,000,000 DUE 20/09/2000
INTEREST PERIOD 20.12.99 TO 20.01.2000
VALUE DATE 20.01.2000
INTEREST RATE 5.72  NUM OF DAYS 31
YEAR BASIS 365-366 MONTH BASIS A
CURRENCY CODE GBP
DENOMINATION GBP 100,000
INTEREST AMT PER DENOM.
GBP 100,000 IS GBP 484.99
PLEASE NOTE CALCULATION WAS REACHED
12 DAYS OVER 365 IS GBP 188.05
19 DAYS OVER 366 IS GBP 296.94  TOTAL 484.99


 

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