The BSX Lists The Fleming Redeemable Equity Linked Shares and Campos Argentinos Ltd.

The Listing Committee of The BSX announced that it has approved the listings of up to 5,000 Series 1 KOSPI 200 Fleming Redeemable Equity Linked Shares ("FRELS") and up to 10,224,000 Campos Argentinos Ltd. Class "S" 7% Cumulative Convertible Preferred Shares (with 4 for 5 warrants attached). Both companies have been approved for listing under the restricted marketed provisions of The BSX, meaning that shares may be distributed to Qualified Investors only and may not be traded in lots with an initial value of less than U.S. $100,000.

The Fleming Redeemable Equity Linked Shares have been issued by Fleming International Equity (Bermuda) Limited a company incorporated with limited liability in Bermuda on 7 July 1997. The issuer will issue different classes of equity linked securities and apply the proceeds generated from the issuance of a particular class to hedging contracts for the purpose of funding dividends (if any) on the relevant class and payments of the Redemption Value of that class. The Series 1 KOSPI 200 FRELS are designed to provide investors with a return linked to the performance of the KOSPI 200 Index, a market weighted index composed of 200 stocks reflecting the performance of the Korean Stock Market.

The Series 1 KOSPI 200 FRELS was sponsored to listing by Matheson Investment Management (Bermuda) Limited.

Campos Argentinos Ltd., a company incorporated and registered in the Bahamas, is an agriculture business with operations and personnel (through subsidiary affiliations) in Argentina. The Company will purchase or lease selected farm land which it will improve and use to produce agricultural products (soyabean, corn and sunflower) using modern farming techniques and professionally trained staff.

Campos Argentinos Ltd. was sponsored to listing by Lines Overseas Management Limited.

Greg Wojciechowski, Chief Operating Officer of The BSX said " We are delighted to welcome these exciting new companies to listing on The BSX. The addition of both issuers broadens the industries and geographical areas represented by our listed issuers and raises the number of international equity listings on The BSX to sixteen.

Mr. James D. Davidson, Director & President of Campos Argentinos Ltd. said "The investment community has become increasingly aware of attractively priced agricultural land in Argentina. Campos Argentinos represents a professionally managed entree for investors seeking exposure to Latin America's fastest growing economy, Argentina. The standards for listing on The BSX and continuing disclosure obligations should further enhance prospective investors' comfort."

The BSX was established in 1971 and is now the world's premier offshore electronic securities market. Since January 1996, The BSX has increased its market capitalisation by more than $35 billion, or almost twenty five times its year-end 1995 capitalisation of $1.5 billion; listed innovative investment vehicles like depositary receipts and emerging market funds; and now has over 150 listed securities.

Company Information for each of the above is available on the Bloomberg system under tickers FLKOSP.BH equity for the Series 1 KOSPI 200 FRELS and CAMPOS equity for Campos Argentinos 7% Cumulative Convertible Preferred Shares.

For further information please contact:

FRELS:

Matheson Investment Management (Bermuda)Limited

Telephone: 441-296-0145

Fax: 441-296-0139

e-mail: matheson@ibl.bm

Contact: Ms. Jenny Terceira

CAMPOS ARGENTINOS:

Lines Overseas Management Limited Bermuda

Telephone: 441-295-5808

Fax: 441-295-3343

e-mail: lyoung@ibl.bm

Contacts: Scott Lines or David Surmon