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WestLB-Tricon Forfaiting Fund Issues Preliminary Announcement of Audited Results

27 27 2003

Hamilton, Bermuda: 27 June 2003 - WestLB-Tricon Forfaiting Fund (WESTRIB.BH) today advised the Bermuda Stock Exchange (BSX) that for the year ending 31 December 2002 the Fund had the following financial results for its Class B Shares:

US$

NAV per Class B Share as at December 31, 2001 107.230

Investment Income 5.975

Dividends paid (11.938)

NAV per Class B Share as at December 31, 2002 101.267

Net Assets represented by Class B Shares 22,155,106

The report and accounts for the year ended December 31, 2002 will be sent to shareholders by the end of June 2003 and additional copies are available to shareholders from the office of the Company Secretary, 6 Front Street, P.O. Box HM 1020, Hamilton HM DX, Bermuda.