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BSX to Close Early on Christmas Eve

Hamilton, BERMUDA (December 23, 1997) -- The Bermuda Stock Exchange (The BSX) will conclude trading at 10.30 a.m., the close of the morning session, on December 24, 1997. The afternoon session, 3 p.m. to 3.3.0 p.m, has been cancelled.

Trading will resume as normal on Monday, December 29, 1997 at 9.30 a.m.

For further information, please contact Robin H. McPhee at 441-292-7212 or at info@bsx.com