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Butterfield Bank Information Release
Hamilton, Bermuda€”17 December 2008: The Bank of N.T. Butterfield & Son Limited confirms that neither it, nor any of its subsidiary companies owns or has any direct exposure to securities or funds issued or managed by Bernard L. Madoff Investment Securities, LLC or related companies.
None of the Butterfield family of investment funds have positions in securities issued by Madoff or in funds managed by Madoff.
Note to Editors:
Celebrating its 150th anniversary in 2008, The Bank of N.T. Butterfield & Son Limited ("Butterfield") is Bermuda's first and largest independent bank, and a specialist provider of international financial services. The Butterfield group offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. In the wealth management area, the group provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the Cayman Islands, Guernsey, Hong Kong, Malta, Switzerland and the United Kingdom. Butterfield also provides services to corporate and institutional clients from offices in Bermuda, The Bahamas, the Cayman Islands and Guernsey, which include asset management and corporate trust services. Butterfield is a publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges. Further details on the Butterfield group can be obtained from our website at: www.butterfieldbank.com.
Media Relations Contacts:
Mark Johnson Stuart Roberts
Assistant Vice President Senior Communications Specialist
The Bank of N.T. Butterfield & Son Limited The Bank of N.T. Butterfield & Son Limited
Phone: (441) 299 1624 Phone: (441) 298 4610
Fax: (441) 295 3878 Fax: (441) 295 3878
E-mail: markjohnson@bntb.bm E-mail: stuartroberts@bntb.bm