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W. P. Stewart Announces The Appointment Of New Global Marketing And Client Service Director

14 14 2005

HAMILTON, Bermuda: Nov. 11 - W.P. Stewart & Co., Ltd. ("W.P. Stewart" or the "Company") today announced the appointment of Fred T. Busk III to the newly established position of Managing Director - Global Marketing. Mr. Busk will be responsible for the development and implementation of the Company's global marketing, asset gathering and client servicing initiatives.

For most of his career, Mr. Busk was an executive with The Bank of Bermuda Limited (the "Bank") in Bermuda, New York and London, including serving as President & Chief Executive Officer of Bank of Bermuda New York Limited with responsibility for developing the Bank's investment fund administration business in the U.S. From 2002 to 2005 he served as Global Head of Strategy at the Bank and, following the acquisition of the Bank of Bermuda by HSBC in February 2004, was the executive head of the team responsible for the integration of the Bank's business lines into HSBC.

Mr. Busk is a graduate of Colgate University in Hamilton, New York and has completed a professional certificate in financial planning in addition to other financial and management professional development courses throughout his working career. He has been a frequent speaker at industry forums on fund administration and securities processing.

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- 11/11/2005

/CONTACT: Fred Ryan, +1-441-295-8585, of W.P. Stewart & Co., Ltd. /

/First Call Analyst: /

/FCMN Contact: denise@wpstewart.com /

/Web site: http://www.wpstewart.com /

(WPL)