Listing Announcement

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

Effective Date:3-Feb-2005
Name of Issuer:Assured Fund
Description:Up to 600,000 Sterling Redeemable Participating Shares - Sterling Class B


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


From: 12:30 p.m. on 3 February, 2005


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