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November 13, 2003

Hardware & Lumber Ltd. (HL)- Offer

The Board has advised that it has received an offer from Grace, Kennedy & Co.to all ordinary shareholders of H&L (other than Grace) as at November 10, 2003 to purchase

Montego Freeport Ltd. (MFP)- AGM

The Thirty Fifth Annual General Meeting will be held at the Sunset Beach Resort & Spa, Montego Freeport, Montego Bay, on Friday, December 12, 2003 at 10 a.m.