RNS No 3506t
STINGRAY LIMITED
7 June 1999


FORMAL NOTICE FOR SPECIALIST SECURITIES



PUBLICATION DATE: 7th June 1999

______________________________________________________________________________


DETAILS OF ISSUE: EUR 25,000,000 10.5% Turkish CBO Senior Notes due 15
September 1999  
  
ISSUER: Stingray Limited

INCORPORATED IN: Cayman Islands

GUARANTOR:  N/A

INCORPORATED IN: N/A


Particulars relating to the issue may be obtained during usual business hours
for fourteen days from the date of this formal notice from:

The Chase Manhattan Bank
Trinity Tower
9 Thomas More Street
London E1 9YT

A copy of the particulars relating to the issue is also available for
inspection at the Courier Desk of the London Stock Exchange,(Throgmorton
Street Entrance) Stock Exchange Tower, Old Broad Street, London EC2N 1HP.

END

FN ASRVKKAKNRAR
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