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BSX Approves Listing of up to 999,000 Ordinary Shares of the Global Investment Basket Limited

Hamilton, Bermuda, 13 September 2002 - The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the listing of up to 999,000 Ordinary Shares of the Global Investment Basket Limited ("the Company").

The Company was incorporated in Guernsey on 28 June 2002 as a closed-end investment company with limited liability and unlimited duration. The offer of Ordinary Shares in the Company was launched on 29 August 2002.

The investment objective of the Company is to provide investors with an equity investment that will provide GBP capital protection, and the potential for capital growth. Information on the Company can be obtained from the Administrator, Investec Trust Guernsey Limited at enquiries@investectrust.com.

Reid Services Limited sponsored the listing of the Ordinary Shares of the Global Investment Basket Limited. The securities are being listed under the Listing Regulations for Collective Investment Schemes and the provisions for Regular Marketing.

"The BSX is pleased to welcome the Global Investment Basket Limited to listing", said Mr. James S. McKirdy, Listing and Compliance Manager of the BSX.