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RNS Number:8298X
Dorada Corporation
24 January 2001


LETTER TO:    COMPANY ANNOUNCEMENTS OFFICE

Dorada Corporation (the "Issuer")
US$5,000,000,000 Euro-Medium Term Note Programme
dated 21st September 2000 (the "Programme")

In our capacity as Investment Manager and Group Funding Manager to the Issuer 
we hereby notify you for the purposes of Rule 15.14 of the Listing Rules, of 
the repurchase by the Issuer of its own listed debt securities issued under 
the Programme:


Listed Securities:        USD 28,200,000 Notes due 2001
                          ISIN XS0121018724
Trade Date:               24th January 2001 
Value Date:               29th January 2001
Nominal Amount            USD 27,760,000
Remaining Nominal Amount  USD 440,000


The Nominal Amount of all Notes repurchased will be cancelled on receipt.

LETTER FROM:  MILES HUNT, TREASURY, CREDIT STRUCTURES     

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