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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000899681-07-000378.txt : 20070522
<SEC-HEADER>0000899681-07-000378.hdr.sgml : 20070522
<ACCEPTANCE-DATETIME>20070522152247
ACCESSION NUMBER:		0000899681-07-000378
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20070522
DATE AS OF CHANGE:		20070522
EFFECTIVENESS DATE:		20070522

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SWISS HELVETIA FUND, INC.
		CENTRAL INDEX KEY:			0000813623
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-141652
		FILM NUMBER:		07871020

	BUSINESS ADDRESS:	
		STREET 1:		1270 AVENUE OF THE AMERICAS
		STREET 2:		SUITE 400
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10111-0001
		BUSINESS PHONE:		2128677660

	MAIL ADDRESS:	
		STREET 1:		1270 AVENUE OF THE AMERICAS
		STREET 2:		SUITE 400
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10111-0001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SWISS HELVETIA FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HELVETIA FUND INC
		DATE OF NAME CHANGE:	19900820
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>swiss3-497_052207.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>497</TITLE>
</HEAD>
<BODY>

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<P ALIGN=CENTER><FONT SIZE=3><B>THE SWISS HELVETIA FUND, INC. ANNOUNCES EX-RIGHTS DATE<BR>
FOR RIGHTS OFFERING </B></FONT></P>

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<P ALIGN=LEFT><FONT SIZE=3>Press Release &#150; For Immediate Release</FONT></P>

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<P ALIGN=LEFT><FONT SIZE=3>New York, New York&#151;May 22, 2007</FONT></P>

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<P><FONT SIZE=3>The Swiss Helvetia Fund, Inc. (NYSE: SWZ) has announced, in connection
with its previously publicized rights offering, that the New York Stock Exchange
has confirmed the Fund&#146;s common stock is trading ex-rights as of today. The record
date for the rights offering is May 24, 2007, as previously announced by the Fund. </FONT></P>

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<P><FONT SIZE=3>The rights were admitted for trading on a when-issued basis on May 21,
2007. </FONT></P>

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<P><FONT SIZE=3>Stockholders who have questions regarding the rights offering should
contact the Information Agent for the offering, Georgeson Inc., at 1-800-561-3947. </FONT></P>

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     <P ALIGN=CENTER>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*</P>

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<P><FONT SIZE=3>The Swiss Helvetia Fund, Inc. is a non-diversified, closed-end management
investment company seeking long-term capital appreciation through investment primarily in
equity and equity-linked securities of Swiss companies. Its shares are listed on the New
York Stock Exchange under the symbol &#147;SWZ.&#148; Because the Fund is non-diversified,
it can take larger positions in fewer companies, thereby increasing its overall risk
profile. Investments in securities of foreign companies present greater risks including
currency fluctuations and changes in political and economic conditions. Foreign securities
markets generally exhibit greater price volatility and are less liquid than U.S. markets. </FONT></P>

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<P><FONT SIZE=3>Shares of closed-end investment companies frequently trade at a discount
to net asset value. The price of the Fund&#146;s shares is determined by a number of
factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot
predict whether its shares will trade at, below or above net asset value. </FONT></P>

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<P><FONT SIZE=3>Before investing in the Fund, investors should carefully consider the
investment objective, strategies, risks, and charges and expenses of the Fund. This
information, and other information about the Fund, can be found in the Fund&#146;s
prospectus on file with the Securities and Exchange Commission. An investor should
carefully read the Fund&#146;s prospectus before investing. </FONT></P>

<PRE>
<B>
- -------------------------------------------------------------------------------
NOT FDIC/NCUA INSURED             MAY LOSE VALUE         NO BANK GUARANTEE
NOT A DEPOSIT                 NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
- -------------------------------------------------------------------------------</B>
</PRE>


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<P><FONT SIZE=3>The Fund is managed by Hottinger Capital Corp. For further information,
please contact Rudolf Millisits, Executive Vice President of Hottinger Capital Corp., at
1-888-SWISS-00 or 1-212-332-2760, 1270 Avenue of the Americas, Suite 400, New York, New
York, 10020. </FONT></P>

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