Baycorp Holdings Ltd Watch

from SC 13G/A 1 page Exhibit 1 Joint Filing Agreement in Accordance With Rule 13d-1(k) (1) (III) Under the Securities Exchange Act of 1934, as Amended, the Persons Named Below Agree to the Joint Filing on Behalf of Each of Them of a Statement on Schedule 13g/a Filed on February 13, 2004 (Including Amendments Thereto) With Respect to the Common Stock of Baycorp Holdings, Ltd. This Joint Filing Agreement Shall Be Filed as an Exhibit to Such Statement. Dated: February 13, 2004 Highbridge/Zwirn Capital Management, LLC By: /S/ Daniel B. Zwirn Daniel B. Zwirn, Managing Principal Highbridge Capital Management, LLC By: /S/ Ronald S. Resnick Ronald S. Resnick, Managing Director Daniel B. Zwirn By: /S/ Daniel B. Zwirn Daniel B. Zwirn Hcm/Z Special Opportunities LLC By: /S/ Howard Feitelberg Howard Feitelberg, Director Highbridge/Zwirn Special Opportunities Fund, Ltd. By: /S/ Daniel B. Zwirn Daniel B. Zwirn, Director Highbridge/Zwirn Special Opportunities Fund, L.P. By: Highbridge/Zwirn Partners, LLC By: /S/ Daniel B. Zwirn Daniel B. Zwirn, Managing Principal

from SC 13G/A 1 page Exhibit 1 Joint Filing Agreement in Accordance With Rule 13d-1(k) (1) (III) Under the Securities Exchange Act of 1934, as Amended, the Persons Named Below Agree to the Joint Filing on Behalf of Each of Them of a Statement on Schedule 13g Filed on July 10, 2003 (Including Amendments Thereto) With Respect to the Common Stock of Baycorp Holdings, Ltd. This Joint Filing Agreement Shall Be Filed as an Exhibit to Such Statement. Dated: July 10, 2003 Highbridge/Zwirn Capital Management, LLC By: /S/ Daniel B. Zwirn Daniel B. Zwirn, Managing Principal Highbridge Capital Management, LLC By: /S/ Ronald S. Resnick Ronald S. Resnick, Managing Director By: /S/ Daniel B. Zwirn Daniel B. Zwirn Hcm/Z Special Opportunities LLC By: /S/ Howard Feitelberg Howard Feitelberg, Director Highbridge/Zwirn Special Opportunities Fund, Ltd. By: /S/ Daniel B. Zwirn Daniel B. Zwirn, Director Highbridge/Zwirn Special Opportunities Fund, L.P. By: Highbridge/Zwirn Partners, LLC By: /S/ Daniel B. Zwirn Daniel B. Zwirn, Managing Member

from SC 13G 1 page Exhibit 1 Joint Filing Agreement in Accordance With Rule 13d-1(k) (1) (III) Under the Securities Exchange Act of 1934, as Amended, the Persons Named Below Agree to the Joint Filing on Behalf of Each of Them of a Statement on Schedule 13g Filed on June 20, 2003 (Including Amendments Thereto) With Respect to the Common Stock of Baycorp Holdings, Ltd. This Joint Filing Agreement Shall Be Filed as an Exhibit to Such Statement. Dated: June 20, 2003 Highbridge/Zwirn Capital Management, LLC By: /S/ Daniel B. Zwirn Daniel B. Zwirn, Managing Principal Highbridge Capital Management, LLC By: /S/ Ronald S. Resnick Ronald S. Resnick, Managing Director By: /S/ Daniel B. Zwirn Daniel B. Zwirn Hcm/Z Special Opportunities LLC By: /S/ Howard Feitelberg Howard Feitelberg, Director Highbridge/Zwirn Special Opportunities Fund, Ltd. By: /S/ Daniel B. Zwirn Daniel B. Zwirn, Director

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Baycorp Holdings Gabelli Securities, Inc. 2/25/03 3,400- 14.8000 1/27/03 1,000- 14.8000 1/24/03 1,000- 14.7850 1/23/03 1,600- 14.8000 Gaf II 3/19/03 3,768- 14.8500 2/27/03 2,000 14.7800 Gabelli Associates Fund 3/19/03 249,253- 14.8500 2/27/03 134,400 14.7800 2/20/03 600- 14.8200 2/18/03 2,000- 14.8000 2/12/03 14,000- 14.8000 1/31/03 5,000- 14.8000 1/31/03 10,000 14.7650 Gabelli Associates Ltd 2/27/03 98,100- 14.7800 2/25/03 8,600- 14.8000 2/18/03 5,000- 14.8000 2/12/03 9,000- 14.8000 1/31/03 10,000 14.7650 1/31/03 5,000- 14.8000 1/30/03 5,000- 14.8000 1/27/03 3,000- 14.8000 Gamco Investors, Inc. 3/19/03 94,388- 14.8500 3/19/03 37,680- 14.8500 3/18/03 4,700 14.5496 3/11/03 7,000 14.6000 3/06/03 20,000- 14.6500 2/27/03 48,300- 14.7800 2/27/03 1,500 14.7500 2/27/03 11,000 14.7800 2/26/03 4,000- 14.7815 2/26/03 3,000 14.7800 2/25/03 8,000- 14.8000 2/24/03 4,900 14.7800 2/18/03 3,000- 14.8000 2/12/03 2,000- 14.8000 2/03/03 10,000 14.7500 2/03/03 7,800 14.7600 Mjg Associates, Inc. Gabelli Fund, Ldc 2/27/03 1,000- 14.7800 Gabelli Funds, LLC. Gabelli Abc Fund 3/19/03 112,098- 14.8500 3/06/03 19,000 14.6500 (1) the Dispositions Effected on 03/19/02 Were in Connection With the Issuer's Self-Tender Offer Described in Item 5(e) of This Amendment to Schedule 13d. All Other Transactions Were Effected on the NYSE. (2) Price Excludes Commission