Bermuda Stock Exchange

BSX Shorts February 2007 Edition

Bank of Butterfield Continues Share Buyback

Hamilton, Bermuda: February 1, 2007 – The Bermuda Stock Exchange (BSX) has today been advised that that in January 2007 Butterfield Bank (NTB BH) bought back and cancelled 4,431 at an average price of BD$56.60 of its own shares under the share repurchase programme announced January 5, 2000. This is the number of shares bought back and cancelled during the month.

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