Butterfield Bank (NTB BH) has advised the Bermuda Stock Exchange (BSX) that in December 2006 Butterfield Bank bought back and cancelled 15,359 at an average price of $56.06 of its own shares under the share repurchase programme announced on January 5, 2000. This is the number of shares bought back and cancelled during the month.

There were no purchases made in respect of the officers? and employees? stock option plans.