56ID Cred Ag Co 27

RNS No 1754h
ROBERT FLEMING NETHERLANDS B.V.
29th May 1998


TO: COMPANY ANNOUNCEMENTS

ROBERT FLEMING NETHERLANDS B.V. USD 100 MILLION
PRIMARY CAPITAL UNDATED GUARANTEED FLOATING RATE NOTES

IN ACCORDANCE WITH THE PROVISIONS OF THE NOTES WE CONFIRM DETAILS
FOR THE NEW INTEREST PERIOD FOR THE ABOVE FRN ISSUE AS FOLLOWS:

INTEREST RATE:         6.375 PCT PER ANNUM

INTEREST PERIOD:       29 MAY 1998 TO 30 NOVEMBER 1998

INTEREST AMOUNT DUE
30 NOVEMBER 1998 PER
USD 10,000 NOTE        USD   327.60
USD 50,000 NOTE        USD 1,638.00

PUBLICATION OF THE INTEREST RATE NOTICE IS TO APPEAR IN THE
FINANCIAL TIMES ON 29 MAY 1998.

FROM: MORRIS D'ALOIA, AGENCY SERVICES
      CREDIT SUISSE FIRST BOSTON (EUROPE) LTD
      C/O CREDIT SUISSE FIRST BOSTON, LONDON BRANCH
      FACSIMILE: 0171 888 8398 / PHONE: 0171 888 8362


END

RC NFESNAFAPEFN

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