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This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

Two BSX Listed Funds Announce New Investment Manager

Hamilton, Bermuda, 23 March, 1999 - Bagheera Investment Fund Ltd. and Rosebud Investment Fund Ltd. today informed the Bermuda Stock Exchange (BSX) of the appointment of a new Investment Manager for both funds.

The new manager is Goldengun Global Investments Ltd. of 41 Cedar Avenue, Hamilton, Bermuda.

The appointment took effect 15th March, 1999.