ARTICLE
28 October 1998

MSI-Preferred Investment Fund, Ltd - 11. Relevant Addresses

Bahamas Antitrust/Competition Law
Fund Manager/Investment Advisor               Banker/Depository
Montaque Securities International, Ltd.       CIBC Bahamas Limited
Saffrey Square, First Floor                   Shirley Street
Bay Street & Bank Lane                        PO Box N.7125
PO Box N.8303                                 Nassau , The Bahamas 
Nassau, The Bahamas

Tel No: (242) 356 6133                        Tel No: (242) 322 8455
Fax No. (242) 356 6144                        Fax No. (242) 326 6552


Auditors                                      Legal Counsel  
Ernst & Young                                 Higgs & Johnson
Sassoon House                                 Sandringham House
Shirley Street                                Shirley Street
PO Box N.3231                                 PO Box N.3247
Nassau, The Bahamas                           Nassau, The Bahamas

Tel No. (242) 322 3805                        Tel No. (242) 322 8571
Fax No. (242) 326 8180                        Fax No. (242) 328 7727

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