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Bank of Butterfield Continues Share Buyback

08 8 2003

Hamilton, Bermuda: 8 January 2003 - The Bermuda Stock Exchange (BSX) has been advised by the Bank of Butterfield that in December 2002 the Bank or its subsidiaries bought back and cancelled a total of 1,600 of its own shares at an average price of $30.50

The repurchases were made under the share repurchase programme announced January 5, 2000.