Form N-23C-1
Report for Calendar month Ending May 31, 2004
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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-
05/03/04 870875101) 25,000 12.83 15.62 NYSE
05/04/04 (same) 8,100 12.85 15.85 NYSE
05/05/04 (same) 8,100 12.9681 16.03 NYSE
05/06/04 (same) 8,100 12.8758 15.83 NYSE
05/14/04 (same) 9,100 12.50 15.32 NYSE
Total 58,400