November 19, 2004 ASA (Bermuda) Limited 11 Summer Street 4th Floor Buffalo, NY 14209 [Form of] Re: Agreement of Custodian Required by Securities and Exchange Commission ------------------------------------- Dear Sirs: As a condition of JPMorgan Chase...Custodian Agreement • November 18th, 2004 • Asa Bermuda LTD
The Bank has been provided with a copy of the Company's application, dated August 13, 2004, under Section 7(d) of the Investment Company Act of 1940 (the "1940 Act") for an order of the Commission permitting the Company to register as an investment company under the 1940 Act (the "Application") and with the order of the Commission permitting such registration (the "Order"). Insofar as they are applicable to the Bank as Custodian of the Company, the Bank will comply with the 1940 Act and the rules of the Commission under the 1940 Act and the undertakings and agreements contained in the Application as applicable to the Bank, and as each may be amended from time to time, as applicable to the Bank. The Bank will do nothing inconsistent with the Company's undertakings and agreements contained in the Application or the provisions of the 1940 Act, or the rules under the 1940 Act. The Bank agrees that its undertakings set forth in this paragraph constitute representations and inducements to th
ASA Limited Letterhead] November __, 2004 EquiServe Inc. EquiServe Trust Company, N.A. Attn: Jeff Cohen 525 Washington Blvd. Suite 4694 Jersey City, NJ 07310-1606 Re: Transfer Agency Agreement for ASA Limited -----------------------------------------...Transfer Agency Agreement • November 18th, 2004 • Asa Bermuda LTD
We are writing to inform you about the proposed reorganization of ASA Limited ("ASA") into ASA (Bermuda) Limited, a Bermudian exempted limited liability company ("ASAB"). In connection with this transaction, which is scheduled to close on November 19, 2004, ASA will transfer all of its assets to ASAB in exchange solely for ordinary shares of ASAB and ASAB's assumption of ASA's liabilities.
LOGO] JP MORGAN GLOBAL CUSTODY AGREEMENTGlobal Custody Agreement • November 18th, 2004 • Asa Bermuda LTD • New York
EQUISERVE TRANSFER AGENCY AND SERVICE AGREEMENTTransfer Agency and Service Agreement • November 18th, 2004 • Asa Bermuda LTD • New Jersey
