Form N-23C-1 Report for Calendar month Ending May 31, 2002 ------------------------- Swiss Helvetia Fund, Inc ------------------------- ------------------------------------------------------------------------------------------------------------------- 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 ------------------------------------------------------------------------------------------------------------------- Swiss Helvetia Fund-(Cusip- 5/1/02 870875101) 20,400 11.7449 14.19 NYSE 5/2/02 (same) 20,400 11.7812 14.09 NYSE 5/3/02 (same) 8,400 11.7679 14.34 NYSE 5/6/02 (same) 11,000 11.845 14.33 NYSE 5/7/02 (same) 600 11.8 14.12 NYSE 5/8/02 (same) 6,000 11.86 14.17 NYSE 5/9/02 (same) 6,000 11.95 14.27 NYSE 5/10/02 (same) 6,000 12.00 14.24 NYSE Total 78,800