publishing history.

He has become the first writer to contribute two articles to World Statesman, a quarterly British magazine which describes itself as "written and read by the leaders of the world''.

Mr. Vaughan-Johnson has beaten the man whom many rate the world's richest, Mr.

Bill Gates, chairman of Microsoft, to the honour. Mr. Gates' second article will appear in the magazine's next issue.

Mr. Vaughan-Johnson's latest article, entitled "Redefining Offshore Growth'', appears in the spring 1995 issue of the British quarterly alongside contributions by British Prime Minister John Major, Pakistan's President Benazhir Bhutto, Polish President Lech Walesa and the Presidents of Cyprus and Sri Lanka.

The first article Mr. Vaughan-Johnson wrote was published in the magazine's Winter 1993 issue, which featured President Demirel of Turkey on its cover.

World Statesman is distributed to 10,000 high-ranking individuals worldwide, and considers in depth issues of international importance, with contributions from world leaders on the topics under discussion in the magazine's sections.

The current issue is the first to be distributed on Internet, which will increase the overall readership.

"Mr. Vaughan-Johnson finds himself in some extremely distinguished company,'' said World Statesman publications director, Mr. Frank Bentley.

"In this issue, we have a piece from the White House, and special sections on Ireland and the environment. We have a new editor, and I must say we regard the spring 1995 issue as our very best yet.'' The magazine is in its third year of publication.

Bank of Bermuda manager of corporate communications, Mr. Christian Traber said that in the past 30 months, the bank has been successful in placing more than 70 similar articles in different publications for the majority of its divisions and network offices.

In his latest article for the magazine, Mr. Vaughan-Johnson wrote: "Capital inhabits a world unlimited by national borders. Business increasingly views that world as one market enhanced by national or regional differences.

"It is the bank's view that clients should not need to reinvent their banking arrangements every time they enter a new jurisdiction, but be able to commence or continue operations in a secure partnership with financial professionals who have already established the critical pathways, and have thereby accumulated the answers through hands-on experience.''