the foreign exchange component of their third quarter expenses as a loss of $289,000, which should have been stated as a gain of $405,000.

INDEX SUFFERS SETBACK STK Index suffers setback Utilities and a media company took hits on the Bermuda Stock Exchange yesterday. Telco closed down $1.50 at $32, Belco was down 37.5 at $19 and Bermuda Press (Holdings) fell 50 cents to close at $8. The index slipped 0.626 percent closing at 949.40.