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Dollar Assets Portfolio (Bermuda) Limited Appoints New President.

03 October 2000

Hamilton, Bermuda, October 3, 2000 - Dollar Assets Portfolio (Bermuda) Limited has today informed the Bermuda Stock Exchange (BSX) that Mr. Paul Tucker was appointed as a Director and the President of the Company effective 29th September 2000.

Mr. Tucker replaces Mr. Barry Munholland as a Director and President of the Company. Mr. Munholland resigned effective 29th September 2000.