Form N-23C-1
Report for Calendar month Ending May 31, 2003
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Swiss Helvetia Fund, Inc
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Approximate asset value
Number of or approximate asset
Date of each Identification of shares Price per coverage per share at Name of Seller or
transaction each security purchased share time of purchase of Sellers Broker
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Swiss Helvetia
Fund-(Cusip-
05/01/02 870875101) 8,300 9.7582 11.94 NYSE
05/02/03 (same) 6,000 9.8182 11.85 NYSE
05/05/03 (same) 6,200 10.03 12.04 NYSE
05/06/03 (same) 6,000 10.056 12.22 NYSE
Total 26,500