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BSX To Observe 3 Minutes Silence at 10:00 am (AST) Friday

13 September 2001

Hamilton, Bermuda: 13 September, 2001- Following the announcement of a trading halt to be carried out by various European stock exchanges and other similar actions to be observed in Europe on Friday, the BSX will observe a three-minute period of silence and a simultaneous trading halt at 10:00am (AST), 9:00 am (EST), Friday, 14th September 2001, to express its sympathy and condolences to the victims of the tragic events that took place in the United States on Tuesday.

The BSX is asking its member firms to observe the silence and not trade during the 3 minute halt period.

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For more information on the Bermuda Stock Exchange (BSX), contact Greg Wojciechowski at 1-441-292-7212 or jmacphee@bsx.com. Information is also available at www.bsx.com, on Bloomberg at BSX , and on Reuters at THE BSX.

The BSX was founded in 1971 and is the world's leading fully electronic offshore securities market. The BSX lists equities, mutual funds and bonds, as well as depository receipts. The Exchange is recognized by the SEC as a "DOSM" (Designated Offshore Securities Market) and is a full member of the International Federation of Stock Exchanges.