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Zenith Inv. Ld. (05NW)

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Friday 18 May, 2001

Zenith Inv. Ld.

Document regarding Listing Particulars

Zenith Investments Ld
18 May 2001


PUBLICATION DATE:         18th May 2001

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


DETAILS OF ISSUE:         Series 2001-8 EUR 10,000,000 Secured Floating Rate  
                          Callable Royal KPN N.V.-Linked Notes due February   
                          2005 issued pursuant to a Multi-Issuer Programme

ISSUERS:                  Zenith Investments Limited

INCORPORATED:             Cayman Islands

GUARANTOR:                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

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.