<PAGE>
Form N-23C-1
Report for Calendar month Ending July 31, 2000
--------------------------
Swiss Helvetia Fund, Inc.
--------------------------
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------
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
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Swiss Helvetia
Fund-(Cusip-
7/3/00 870875101) 1,400 14.625 18.36 NYSE
7/5/00 (same) 4,600 14.8913 18.69 NYSE
7/6/00 (same) 26,100 15.125 18.82 NYSE
7/7/00 (same) 34,600 15.25 18.86 NYSE
Total 66,700
</TABLE>