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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.

Masters Limited Advises BSX Of Increase In Holding Of Majority Shareholder

Hamilton, Bermuda: 16 August 2004 - Masters Limited (the "Company") (MSTR.BH) has advised the Bermuda Stock Exchange (BSX) that as a result of the recent rights issue by the Company, Bermuda Management Holdings Limited, who underwrote the rights issue, acquired an additional 40,557 shares of the Company representing 3.09% of the total number of shares outstanding, exclusive of their entitlement under the rights issue.