Spanish Rice

2 tablespoons olive oil
1/2 large bell peppers -- chopped
1 medium onions -- sliced thinly
1 clove garlic -- minced
1/2 teaspoon dried basil
1/2 teaspoon rosemary
1 cup long-grain rice
1 cup tomatoes -- peeled and chopped
1/2 teaspoon salt
1/8 teaspoon cayenne pepper
2 cups water

In a skillet saute green pepper, onion, and garlic in olive oil until tender. Stir in herbs, rice, chopped tomatoes, salt, pepper, and water. Bring to a boil over moderately high heat. Cover, turn heat to low, and cook for about 20 minutes or until rice is done.