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Bermuda Press (Holdings) Ltd. Announces Completion Of Share Repurchase Programme.

Hamilton, Bermuda: 23 October 2000 - Bermuda Press (Holdings) Ltd. (the Company) has advised the Bermuda Stock Exchange (BSX) that it has completed its share repurchase programme. The total number of shares repurchased by the Company to date is 70,000. This figure is equal to the number stated in the original authority given by the Company's Directors, as reported to the BSX on 20th October 1997.