NEW YORK, March 18 /PRNewswire/ -- BHI Corporation (Nasdaq: BHIKF), a
corporation with principal business in banking and financial services, and
which makes strategic investments in infrastructure, agro-processing and
distribution in Central America and the Caribbean, announced that Michael A.
Ashcroft, ADT Limited Chairman and Chief Executive Officer and BHI Chairman is
to devote more time to BHI activities.
    BHI's Chairman, Michael A. Ashcroft said:  "With the proposed merger of
Tyco International and ADT, which was announced on March 17, I am ready to
move on to new endeavors.  As non-executive Chairman of BHI and shareholder of
approximately 65% of the Company, I have naturally monitored BHI's progress
and developed many contacts in Central America and the Caribbean region.
I will now have more time to leverage these contacts on BHI's behalf while
taking a more active role in the company's operations."

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