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This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

Primasia Korea Equities Fund (Cayman) Limited Redeems Shares.

Hamilton, Bermuda, 27 November 2002 - The Bermuda Stock Exchange (BSX) today announced that, pursuant to Section IV, Chapter 6, Part B, Regulation 6.39 (4) of the International Listing Rules, all listed securities of the Primasia Korea Equities Fund were redeemed. The redemption was effective as of 2 September, 2002.

The Fund is currently seeking new investors and will continue to maintain a listing on the BSX until further notice.

Separately, the Fund announced the resignation of Mr. Hyung Sung Kim as director effective 6 November, 2002.

For further inquiries on Primasia Korea Equities Fund contact Mr. Barry Skinner of Harbour Financial Services Limited at telephone: 441-295-9294 or facsimile: 441-292-8899.