RNS Number:8984C
Espirito Santo Investment PLC
21 December 1999


ISIN:   XS0105852791                             FROM: 22/12/99

EUR1,000,000 Fixed Rate Brazilian Risk Credit Linked Notes due 22/06/2000

FULLY PAID                             YIELD: N/A

(Represented by Notes to Bearer of EUR200,000 each)

Issue Price: 100%

Issuer: Espirito Santo Investment PLC

A copy of the above is available for inspection from the Company Announcements
Office of the Stock Exchange, London

END

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