Form N-23C-1
Report for Calendar month Ending May 31, 2001
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Swiss Helvetia Fund, Inc.
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Approximate asset value
Number of or approximate asset Name of
Date of each Identification of shares Price per coverage per share at Seller or of
transaction each security purchased share time of purchase Sellers Broker
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Swiss Helvetia
Fund-(Cusip-
5/29/01 870875101) 25,000 12.0302 14.73 NYSE
5/30/01 (same) 25,000 12.1206 14.70 NYSE
Total 50,000