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Butterfield Bank Open For Business In Cayman

23 23 2004

Hamilton, Bermuda:23 September, 2004 - Butterfield Bank (Cayman) is open for business for all clients, the Bank is pleased to announce. The two offices in the capital, George Town, have been fully operational since Monday 20 September. A limited service had been available from Thursday 17 September.

Customers can now directly fax, call or email their usual contacts, call through the main switchboard at (345) 949-7055 or use the main fax: (345) 949-7004. Butterfield Bank's Cayman ATM service and online banking service, Butterfield Online, are also available.

A leading financial institution in the Cayman Islands, Butterfield Bank provides a comprehensive range of services to the local and international markets from its Cayman location.

"Considering the island-wide devastation, our Cayman employees have been phenomenal in helping us open for business in an amazingly short time," commented Butterfield Bank (Cayman) Managing Director, Conor O'Dea. "Despite the difficulties on the island many of us are facing, we are able to provide a full service. Two of our three branches outside of the capital have extensive flood damage so will not be open for the foreseeable future, but our two George Town offices are sound. To minimise any potential disruption for clients, however, we are maintaining a call centre in Bermuda and Guernsey in case there are any difficulties contacting us. Clients can check our website for the latest details at www.butterfieldbank.ky"

Note to Editors:

Butterfield Bank, Bermuda's largest independent bank, offers a full range of Community Banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. As a specialist offshore financial services group, the Bank also provides Private Banking, Wealth Management & Fiduciary Services and Investment & Pension Fund Administration Services from its headquarters in Bermuda and its subsidiary offices in the Cayman Islands, Guernsey, The Bahamas and the United Kingdom. Further details on the Bank can be obtained from its web site at: www.butterfieldbank.com.

Butterfield Bank has approximately 250 employees in the Cayman Islands and does business from five locations. It offers community and commercial banking services to private and corporate customers and provides Wealth Management & Fiduciary Services and Investment & Pension Fund Administration Services.