Field Nominees Ltd.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Ian Stokoe and David Walker, as the Foreign Representatives of AJW Offshore Ltd., AJW Master Fund, Ltd., AJW Offshore II, Ltd., and AJW Master Fund II, Ltd., at the U. S. Bankruptcy Court for the Eastern District of New York.

Several Bermuda-registered companies or their clients have been affected by the failure of a hedge fund group which allegedly defrauded its investors of more than $600 million. Subsidiaries or affiliates of the Bank of Bermuda, Bank of Butterfield, Conyers Dill & Pearman, Lines Overseas Management, and the Meridian Group are on the service list for filings at federal court in Miami.