BW20030226002153  20030226T174133Z UTC


( BW)(BEAR-STEARNS-COS.INC)(ANL)  FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    NEW YORK--(BUSINESS WIRE)--Feb. 26, 2003--

As Agent Bank, please be advised of the following rate determined on:  26-Feb-2003

Issue               : The Bear Stearns Companies Incorporated (MTN)
                      US$250,000,000 FRN Due 26/6/2004 - Series 190
ISIN Number         : XS0077481249
Issue Nomin     USD : 193,600,000.00
Period              : 28-Feb-2003 to 31-Mar-2003   Payment Date 31-Mar-2003
Number of Days      : 31
Rate                : 1.5875
Denomination    US  : 10,000.00     100,000.00

Amount Payable 
per Denomination    : 13.67         136.70

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 7438


   Short Name: Bear Sterns Cos.Inc
   Category Code: RC
   Sequence Number: 00002330
   Time of Receipt (offset from UTC): 20030226T162954+0000

    --30--KK/ny*

    CONTACT: Bear Sterns Companies Inc
 

    KEYWORD: NEW YORK
    INDUSTRY KEYWORD: BANKING
    SOURCE: Bear Sterns Companies Inc

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