Exhibit 99.2

                    [LETTERHEAD OF W. P. STEWART & CO., LTD.]

                                                                   PRESS RELEASE

Contact: Fred Ryan
telephone: 441.295.8585

April 2, 2007
Hamilton, Bermuda

              W.P. Stewart & Co., Ltd. April Dividend Dates Revised

W.P.  Stewart & Co.,  Ltd.  today  issued a correction  to the release  dated 29
March,  2007  regarding the April  dividend  payment date and record date of its
common  shares.  The common  share  dividend of US$0.15 per common share will be
paid on 27 April, 2007 to shareholders of record on 13 April 2007.

The original release  incorrectly said the dividend is payable on 28 April, 2007
to shareholders of record as of 14 April, 2007.

W.P.  Stewart & Co.,  Ltd.  is an asset  management  company  that has  provided
research-intensive  equity management  services to clients  throughout the world
since 1975. The Company is headquartered in Hamilton, Bermuda and has additional
operations or affiliates in the United States, Europe and Asia.

The  Company's  shares  are listed  for  trading on the New York Stock  Exchange
(NYSE: WPL) and on the Bermuda Stock Exchange (BSX: WPS).

For   more    information,    please    visit   the    Company's    website   at
http://www.wpstewart.com, or call W.P. Stewart Investor Relations (Fred M. Ryan)
at 1-888-695-4092 (toll-free within the United States) or +441-295-8585 (outside
the United States) or e-mail to IRINFO@wpstewart.com.