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W.P. Stewart & Co., Ltd. Announces Senior Appointment in London

HAMILTON, Bermuda: March 15  -  W.P. Stewart & Co.,
Ltd. ("W.P. Stewart" or the "Company") announced today that Mark Phelps has accepted the position of Director of Global Investments at its London research and portfolio management subsidiary, W.P. Stewart & Co. (Europe), Ltd. Mr. Phelps will also be working closely with W.P. Stewart Asset Management (Europe) Ltd., the Company's Netherlands based client service and asset gathering subsidiary, to develop the European client base.
    Mr. Phelps is a British national with more than 20 years experience in European and U.S. investment research and portfolio management. For over ten years he has held senior positions with the Dresdner Bank organization in both London and San Francisco. Most recently he served as a Chief Investment Officer for Global Equities at Dresdner RCM in San Francisco.  Mr. Phelps has a BA (Hons.) in Economics from the University of York in England and completed graduate studies at the Royal Military Academy Sandhurst, England. From 1981  to 1984 Mr. Phelps was in the British Army and finished his service with the rank of Captain.
    W.P. Stewart & Co., Ltd. is an asset management company that has provided  research intensive equity management services to clients throughout the world
since 1975.  The Company is headquartered in Hamilton, Bermuda and has additional operations or affiliates in the United States, Europe and Asia.
    The Company's shares are listed for trading on the New York Stock Exchange (symbol: WPL) and on the Bermuda Stock Exchange (symbol: WPS).
    For more information, please visit the Company's website at http://www.wpstewart.com, or call W.P. Stewart Investor Relations (Fred M. Ryan) at 1-888-695-4092 (toll-free within the United States) or +441-295-8585
(outside the United States) or e-mail to IRINFO@wpstewart.com .

SOURCE  W.P. Stewart & Co., Ltd.
    -0-                             03/15/2005
    /CONTACT:  Fred Ryan of W.P. Stewart & Co., Ltd., +1-441-295-8585/
    /First Call Analyst: /
    /FCMN Contact: denise@wpstewart.com /
    /Web site:  http://www.wpstewart.com /
    (WPL)