Listing Announcement

The Cayman Islands Stock Exchange hereby admits the following securities to listing:

Effective Date:26-Sep-2002
Name of Issuer:SPACE Limited

Number and Description of Securities:


Series 440 US$30,000,000 Secured Floating Rate Credit Linked Notes

Due September 2007


Type of issue:


Primary listing of specialist debt securities.


Copies of the listing document may be obtained during normal business

hours at the offices of the Exchange.