Health budget meets needs Health Minister Clarence Terceira has hailed the Budget as a perfect tonic for Bermuda, despite a five percent rise in hospital rates. ---- Page 2 WHARF CLEAN-UP UNDERWAY MIL Wharf clean-up underway The first stage in the rebirth of the old Base lands at Marginal Wharf start today. The work will release 28 acres of land in St. David's for much-needed light industrial and commercial use. ---- Page 3 DIGGINS WAS UNDER PRESSURE CTS Diggins was under pressure The buyers of a central London property risked losing their 162,000 deposit if Bank of Butterfield executive David Diggins failed to come up with their loan money for the multi-million-pound building, a Supreme Court jury heard on Friday. ---- Page 6 MINING INSURER FORMED BUC Mining insurer formed Former executives with the world's largest mining corporation have formed a new, dedicated insurance company in Bermuda, designed to meet the specialist needs of the global mining industry. ---- Business, Page 9 AGENCY RAISES CONCERNS CON BUC Agency raises concerns Bermuda's catastrophe insurers have sufficient capital to weather even the worst disaster -- but diversification into other types of insurance underwriting has a ratings agency worried.

---- Insurance Symposium Focus, Page 11 BRAVE BERMUDA FALLS SHORT SOC Brave Bermuda falls short KINGSTON, Jamaica -- Bermuda's courageous effort was not enough as the national soccer team lost by a single goal for the second straight match to hosts Jamaica in the Shell/Umbro Cup. ---- Sport, Page 21 PENALTY SEND WOLVES TO FINAL SOC Penalty send Wolves to final Lanky striker Khari Sharrieff was the toast of Wolves fans yesterday after he fired home an injury time penalty to send his club to its first-ever FA Cup final in an all-Second Division clash against Hotels. ---- Sport, Page 21