RNS No 7242n
SPINTAB AB


FROM:     1 JULY 1997

125) $50,000,000 FLOATING RATE NOTES DUE 30/12/98

FULLY PAID
(REPRESENTED BY NOTES TO BEARER OF $100,000 EACH)

ISSUE PRICE         -         100.10%

ISSUER              -         J.P. MORGAN

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

END