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March 11, 2002

Trinidad Cement Ltd. (TCL)- Dividend

The Board of Directors is recommending a final dividend of seven cents per ordinary stock unit subject to approval by shareholders at the annual general meeting on April 26, 2002.

Guardian Holdings Ltd. (GHL)- Dividend

The Directors have recommended a final dividend of 30 cents per share. Together with the interim dividend of ten cents per share paid last year, this amounts to a total