Listing Announcement

The Cayman Islands Stock Exchange hereby admits the following securities to listing:

Effective Date:1-Nov-2004
Name of Issuer:Assured Fund
Description:* Up to 175,000 Class A Participating Shares; and

* Up to 565,000 Class B Participating Shares


Type of Issue: Primary listing of an open-ended mutual fund.


From: 2:00 p.m. on 1 November 2004


Copies of the listing document may be obtained during normal business hours at the offices of the Exchange.