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The Funnel Finance A.E.C., Withdraws Listing From BSX

20 September 2000

Hamilton, Bermuda: 20 September 2000: The Bermuda Stock Exchange(BSX) today announced the voluntary withdrawal from listing of the Funnel Finance A.E.C., Exchangeable Notes due 2002. The withdrawal from listing was made at the request of the issuer of the Notes following the exchange of the Notes for shares of the common stock of Lawson Inc. in accordance with the terms of their issue.

For further inquiries on Funnel Finance A.E.C., contact Mr. James A. Hollis-Hallett of Nomura Securities (Bermuda) Ltd., telephone 441-294-4051 or fax 441-296-4061.