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BNTB Advises Of Stock Option Share Purchases
Hamilton, Bermuda, April 3, 2006 - The BSX has been advised that in March 2006 the Stock Option Trust of the Bank of N.T. Butterfield (€˜the Bank') bought 40,205 shares at an average price of BD$55.68 which are intended to be used to satisfy the Bank's obligations in respect of the Directors', Officers' and Employees Stock Option Plans.
There were no shares bought back and cancelled during March.