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Solar Enterprises Reports Half-Year Loss

Hamilton, BERMUDA (April 3, 1998) -Solar Enterprises Limited today announced its half year results for the period April 1 to September 30, 1997, pursuant to The Bermuda Stock Exchange (BSX) regulations.

Solar Enterprises Limited is a domestic company listed on The BSX Index of small cap stocks.

For the six month period, the company reported total assets of $648,238, Total Liabilities of $18,388, and a loss of $17,777.

For additional information on The BSX, please call Robin H. McPhee, 441-292-7212 or e-mail

info@bsx.com, or visit The BSX Web site at www.bsx.com.