Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.

Swiss Investment Company EIC Electricity SA ("EIC") informs that it
has no contractual relationship with A&A Actienbank. Furthermore, EIC
informs that it has no economic exposure to A&A Actienbank. EIC
terminated its management agreement with A&A Electricity Management
Ltd. end of last year.

end of announcement        euro adhoc 14.08.2002

Further inquiry note:

Herr Schneller Andreas

Branche: Electricity Production & Distribution
ISIN: CH0007162958
WKN: 940179
Index: Investment Index (IGSP)
Börsen: Frankfurter Wertpapierbörse / official dealing
SWX Swiss Exchange / official dealing