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BSX Approves Listing of up to 4,000,000 Shares of IIG Equity Opportunities Fund.

Hamilton, Bermuda: 13 July, 2000 - The Listing Committee of The Bermuda Stock Exchange (BSX) today announced the approval of the listing of up to 4,000,000 Shares of the IIG Equity Opportunities Fund comprising of Class A Shares and Class B Shares.

The Fund was incorporated as an exempted mutual fund company on February 22, 2000 under the laws of Bermuda.

The investment objective of the Fund is to achieve high absolute rates of return while preserving capital through opportunistic investments in privately negotiated placements in public companies. The Fund will invest in a variety of equity and debt instruments of entities in the U.S. and abroad while employing various hedging strategies.

The listing of the IIG Equity Opportunities Fund is sponsored by Harbour Financial Services Limited. The Fund is being listed under the BSX Listing Regulations for Collective Investment Schemes and the provisions for Restricted Marketing.

Mr. Martin Silver of IIG Equity Opportunities Fund said, "The Bermuda regulatory and economic environment are highly respected by investors throughout the world. These factors contributed significantly to our decision to incorporate the IIG Equity Opportunities Fund in Bermuda and to list its Shares on the Bermuda Stock Exchange. We are further excited by the opportunities provided by the listing of the Fund's Shares on the BSX."

"We are very pleased to sponsor the listing of this Fund on the BSX," stated Mr. Ian Pilgrim of Harbour Financial Services Limited. "It is encouraging to see that more and more investment managers are recognizing the benefits of incorporating their offshore funds in Bermuda and listing them on the BSX."

"The Bermuda Stock Exchange welcomes the IIG Equity Opportunities Fund to listing", said Mr. James S. McKirdy, Listing Manager of the BSX. "We are particularly pleased that another Bermuda domiciled fund has chosen to list with us."