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Bruce Albrecht, Head of Group Asset Management, Appointed to Fund Boards
Hamilton, Bermuda, April 28, 2006 -- The below noted Butterfield Funds have advised the Bermuda Stock Exchange (BSX) that Mr. Bruce Albrecht, Head of Group Asset Management, has replaced Mr. Richard Ferrett, Chief Financial Officer, as Director on their Boards. This change reflects the responsibilities of Mr. Albrecht and his role in developing the Bank's asset management products for the Group:
· Butterfield Liquid Reserve Fund
· Butterfield Money Market Fund
· Butterfield Bermuda Fund
· Butterfield US$ Bond Fund
· Butterfield Select Fund
· Butterfield Capital Appreciation Bond Fund
· Butterfield Select Invest Fund