Finance Minister Grant Gibbons has conceded he was caught by surprise at the recent decision of Parliament's Private Bills Committee, which did not support the Bank of Bermuda's waiver petition for an exemption from the 60/40 rule.

---- Page 2 MAN IMPRISONED OVER VAN HEIST CTS Man imprisoned over van heist The third accomplice in the 1995 Bank of Butterfield security van heist has been ordered to spend seven years in prison. Harron Lee Powell Evans, of Happy Valley Road, Devonshire, was sentenced yesterday in the Supreme Court after pleading guilty to one of the six charges against him. ---- Page 5 CRIME-BUSTING PLAN FOR WARWICK CRM BUC Crime-busting plan for Warwick A private detective agency is being called in to stamp out crime in Warwick.

And the agency, International Security and Investigations Ltd, is now drawing up a plan which it claims could slash crime in the parish by up to 70 percent.

---- Page 6 CRICKET WORLD CUP IN BERMUDA? CRI Cricket World Cup in Bermuda? World Cup cricket matches could be played in Bermuda in the year 2007, the International Cricket Council confirmed yesterday. Awarding the 2007 Cup competition to the West Indies, the ICC said there was a possibility that some of the matches would be played in Bermuda, Canada and the United States. ---- Sport, Page 15 ACE BUYS TARQUIN PLC BUC ACE buys Tarquin Plc Bermuda-based ACE Ltd. continues its international expansion, announcing an agreement to pay about $500 million for Tarquin Plc, an underwriter in the Lloyd's of London insurance market. ---- Business, Page 35