94LX Lloyds Bk. 35

RNS No 2458j
MAPIRI COMPANY LIMITED
8th February 1999

FORMAL NOTICE FOR CONVERTIBLE DEBT SECURITIES


PUBLICATION DATE:  8 February 1999

Application has been made to the London Stock Exchange for the following
convertible debt securities to be admitted to the Official List:
______________________________________________________________________________


DETAILS OF ISSUE:  US$38,000,000 Zero Coupon Korean Won Linked Notes due
                   26 March 2001  


ISSUER:            Mapiri Company Limited 


INCORPORATED:      Jersey  


GUARANTOR:         N/A 


INCORPORATED:      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:

J.P. Morgan Securities Ltd
Morgan Guaranty Trust Company of New York
60 Victoria Embankment
London EC4Y 0JP 

A copy of the particulars relating to the issue is also available for
inspection at the Courier Desk of the London Stock Exchange,(Throgmorton
Street Entrance) Stock Exchange Tower, Old Broad Street, London EC2N 1HP.
 


END

FN TAMFBLLAMBAL

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