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Bank of Butterfield Continues Share Buyback
Hamilton, Bermuda, March 1, 2007 - The Bermuda Stock Exchange (BSX) has today been advised that that in February 2007 Butterfield Bank (NTB.BH) bought back and cancelled 7,727 at an average price of BD$57.38 of its own shares under the share repurchase programme announced January 5, 2000. This is the number of shares bought back and cancelled during the month.
There were no purchases made in respect of the Officers and Employees Stock Option Plans.