AB41 Citi Fun 27

RNS Number:1699L
Navio Company Limited
5 October 2001



FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE:         5th October 2001


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


DETAILS OF ISSUE:         EUR 11,000,000 Credit Linked Notes due 10 May 2011

ISSUER:                   Navio Company Limited

INCORPORATED IN:          Jersey

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:

Citibank, N.A.                  Morgan Guaranty Trust Company of New York
P.O.Box 18005                   60 Victoria Embankment
5 Carmelite Street              London EC4Y 0JP
London EC4Y 0PA

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.

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