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Zenith Inv. Ld. (05NW)

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Monday 27 November, 2000

Zenith Inv. Ld.

Listing Particulars

Zenith Investments Ld
27 November 2000


FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE:      27th November 2000


Application has been made to the UK Listing Authority for the following
securities to be admitted to the Official List.

______________________________________________________________________________



DETAILS OF ISSUE:         Euro 20,000,000 Secured Capped Floating Rate 
                          Deutsche Telekom AG Linked Notes due July 2005
  
ISSUERS:                  Zenith Investments Limited

INCORPORATED IN:          Cayman Islands

GUARANTORS:               N/A 

INCORPORATED IN:          N/A



Particulars relating to the issue may be obtained during usual business hours
for fourteen days from the date of this formal notice from:

The Chase Manhattan Bank
Trinity Tower
9 Thomas More Street
London E1 9YT

In addition, a copy of the Particulars is available for inspection at the
Document Viewing Facility at the Financial Services Authority, 25 The North
Colonnade, London E14 5HS.