RNS Number:4247C
Argentaria Global Finance Ld
13 December 1999


The issuer has advised that the following alteration should be made to the
Argentaria Global Finance Ld - FRN Variable Rate Fix announcement released on 10
December 1999 at 08:41am under RNS No 2923C. 

The Interest Period should have read 07.12.99 to 07.12.2000 and not 07.12.99 to
05.12.2003 as previously shown.
The Interest Rate set should have read 4.31588 per cent and not 4.33 per cent as
previously shown.
The Interest Payable per Denomination of ITL100,000,000 should have read
ITL4,315,880 and not ITL4,330,000 as previously shown.
The Interest Payable Date should have read 07.12.2000 and not 05.12.2000 as
previously shown.


The full corrected version is shown below.

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

RE: ARGENTARIA GLOBAL FINANCE LIMITED ITL20,000,000,000 DUE 05/12/2003
    ISIN CODE: XS0071692130
    INTEREST PERIOD 07.12.99 TO 07.12.2000
    INTEREST RATE SET 4.31588 PER CENT
    INTEREST PAYABLE PER DENOMINATION OF 
    ITL 100,000,000 IS ITL 4,315,880
    INTEREST PAYABLE DATE 07.12.2000


END
RC BUBBDBSBCCCX


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