presented A $50,000 cheque to the Bermuda Underwater Exploration Institute (BUEI) at the proposed Institute's site. The cheque is the first instalment of a $100,000 commitment. Pictured from left to right are Bank of Bermuda Executive Vice President for Administration Mr. Louis K. Mowbray, BUEI Vice Chairman Mr. Jack Lightbourn, Bank of Bermuda President and Chief Executive Officer Mr. Charles Vaughan-Johnson, and BUEI Trustee and Fund Raising Committee Chairman Ms Wendy Tucker.