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The Emerging Market Debt Fund Withdraws Listing from BSX.

06 April 2001

Hamilton, Bermuda, 6 April 2001- The Bermuda Stock Exchange today announced the voluntary withdrawal from listing of The Emerging Market Debt Fund. The withdrawal from listing was made at the request of the Fund, which at a Special General Meeting on 15 March voted to have the Company voluntarily wound up.

For further inquiries on The Emerging Markets Debt Fund contact Linda Sutherland of the Bank of Bermuda Limited at telephone: 441-299-6122 or facsimile: 441-299-6526.