W.P.Stewart & Co, a Bermuda based asset management company incorporated and registered here on 29th June 1998.

Following the company's initial public offering on 8th December 2000 the shares achieved primary listing on the New York Stock Exchange. The BSX listing of 47,319,618 common shares is a secondary listing, effective from 11th December 2000. The listing is sponsored by Bermuda International Securities, a wholly owned subsidiary of the Bank of Bermuda.

Mr. William P. Stewart, chairman and CEO, said,"The company is proud to become a listed issuer on the Bermuda Stock Exchange and we believe our listing will be a positive step for us as we continue our global growth.'' W.P.Stewart & Co is part of the Stewart Group, an asset management company that has provided investment management services to clients worldwide since 1975. Client accounts are primarily for high net worth individuals and trusts, partnerships, private corporations as well as institutions.

BOTTOM LINE FOCUSES ON E-COMMERCE NJ BUC Bottom Line focuses on e-commerce The new edition of Bottom Line has just been published. This quarter it contains a large focus on e-commerce with Chris Gibbons examining Cable & Wireless and Independent Consulting Solutions and Mairi Mallon looking at the increasing successes of First Atlantic. There is also an informative article on how to combat net fraud written by Kelvin Hastings-Smith, a lawyer with Appleby Spurling & Kempe.

Other areas of technology included are uses for GSM (Global Systems for Mobile communications) and internet video. Two companies are profiled, ZipX and the new Bermuda School of Music and there is also a personal profile of Kevin Roberts, CEO Worldwide of ad agency Saatchi and Saatchi.

Roger Crombie talks to Patrick Thiele, the new President and CEO of PartnerRe, and examines the US Securities and Exchange Commission's attempts to get accountants to sell their consultancy businesses. Mairi Mallon looks at the 60/40 exemption granted to the Bank of Bermuda and its possible ramifications for the Island's future business world.