declared a regular quarterly dividend of 30 cents per common share. The dividend is payable on April 30 to shareholders of record as of 20th April 2001.

The Company also advised that it will report results for the first quarter of 2001 on April 23.

W.P. Stewart & Co., Ltd. is an asset management company that has provided research intensive equity management services to clients throughout the world since 1975. The Company is headquartered in Hamilton, Bermuda and has additional operations or affiliates in the United States, Europe and Asia.