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Doxa Fund Suspends NAV Calculation For Class A Shares

09 January 2002

Hamilton, Bermuda: 9 January 2002 - Doxa Fund Limited has today informed the Bermuda Stock Exchange (BSX) that the calculation of the NAV for its Class A Shares has been suspended until further notice.

The Fund stated that the NAV was suspended due to the overall poor market conditions that transpired after the events of September 11 and which led to massive redemptions in the Fund in the months following.