Mr. Dale Butler J.P., M.P. appointed to the Board of Directors

BF&M Limited
Hamilton, Bermuda
15th April, 1999

The Chairman and Board of BF&M Limited are pleased to announce that Mr. Dale Butler J.P., M.P. was appointed to the Board of Directors in March.

The Chairman of the Board, Lt. Col. Michael Darling, OBE., E.D., J.P., said that they were delighted with the addition of Mr. Butler to the Board. "His background as an educator, historian, publisher and involved community member will bring a new perspective to our Board and we are looking forward to the contribution he will make to our deliberations in the years to come."

Mr. Butler holds a B.Ed. Hons. from the University of Sussex, an M.Sc. Counselling from Indiana University and an M. Ed Curriculum and Supervision from Miami University. He has been the Principal of St. Georges Secondary, Dellwood Primary and Northlands Primary. He is currently a Member of Parliament for Warwick East and Director of Training, Leadership and Communications for MEF Ltd. (Little Venice Group).

ABOUT BF&M INSURANCE GROUP
BF&M Limited is the holding company of the BF&M Insurance Group. The two largest operating companies within the Group are BF&M Life Insurance Company Limited, a leading provider of life, health and pensions products, and BF&M General Insurance Company Limited, the leading general insurer providing all forms of property, casualty, motor and marine products. The group includes several other companies including BF&M Management Limited, Marchmont Insurance Company Limited, BF&M Investment Services and BF&M Properties Limited, (including Scarborough Property Holdings Limited and Barr’s Bay Properties Limited)

For further information contact :-

Glenn M. Titterton, President & Chief Executive Officer

Phone 295 5566, Fax 292 8831, e-mail gmtitterton@bfm.bm