Hamilton, BERMUDA (May 20, 1998) -- The Bermuda Stock Exchange (BSX) today announced the voluntary withdrawal from listing of Charles Street French Property Fund (BVI) Ltd. The withdrawal from listing was made at the request of the Fund and its Listing Sponsor, Bermuda International Securities Ltd., a wholly-owned subsidiary of The Bank of Bermuda Ltd.
For further inquiries on Charles Street French Property Fund (BVI) Ltd. contact Mr. Ronny Munster, Director, Charles Street Capital Ltd., Tel: 44-171-647-1414, or Fax: 44-171-495-4046. For additional information on the BSX, please call Robin H. McPhee, Tel: 441-292-7212 or e-mail info@bsx.com, or visit the BSX website at http//www.bsx.com.