The local marketing committee of the Bermuda International Business Association (BIBA) will host the second annual International Business Expo at the City Hall car park on September 18, 1998.

Organisers said other activities will be featured during the week, culminating in the Expo on Saturday and a greater role will be played by the tourism sector.

The 1998 Expo Committee will be chaired by Andrew Vaucrosson.

TNA COMPLETES ITS EXCHANGE OFFER BUC TNA completes its exchange offer Terra Nova Insurance (UK) Holdings plc has completed its exchange offer of its outstanding 7.2 percent Senior Notes due 2007, fully and unconditionally guaranteed on a senior note basis by Terra Nova (Bermuda) Holdings Ltd., as scheduled by the close of business Wednesday.

MID OCEAN RAISES QUARTERLY DIVIDEND BUC Mid Ocean raises quarterly dividend The board of directors of Bermuda-based reinsurer, Mid Ocean Ltd. (NYSE: MOC), has increased the company's regular quarterly dividend by ten percent to $0.825 per share from 75 cents per share on the company's common stock.

The dividend is payable January 8, 1998 to shareholders of record on December 19.